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    161 Avenue O Brooklyn, NY 11204

    For Sale
    $1,125,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    1,840 SF
    Lot size:
    0.05 Acres
    Days on Market:
    486
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 161 Avenue O

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R5B
    Size
    1,840 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Year built
    1931
    Floors in Building
    1
    Architectural style
    Other

    RE/MAX Elite (718) 690-3900

    Listing agent John J. Sprague (718) 690-3900

    Listing date Aug 15, 2024

    MLS# 480916 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Development Opportunity

    This mixed-use property in Brooklyn, New York, presents an opportunity for investors and builders. The property is zoned R5B. It is being sold together with 159 and 165 Avenue O. The property at 165 Avenue O is a 40x100 buildable lot zoned R6. The property has a size of 1840 square feet and a lot size of 0.0459 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.978798
    Latitude
    40.610992

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with development potential in Brooklyn, New York.
    Where is this mixed-use property located?
    The property is located at 161 Avenue O Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - R5B and R6 zoning offers significant development potential.; - Includes a 40x100 buildable lot at 165 Avenue O.; - Opportunity for investors and builders.
    (718) 690-3900
    Request Owner's contact information
    161 Avenue O Brooklyn, NY 11204
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    Brooklyn, NY 11204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Avenue O Brooklyn, NY 11204
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