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    238 Prospect Park West Brooklyn, NY 11215

    For Sale
    $1,650,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    4,200 SF
    Lot size:
    0.04 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 238 Prospect Park West

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Size
    4,200 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas, Other (Heating), Steam

    Building Details

    Floors in Building
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Century 21 Block & Lot R.E (718) 768-4500

    Listing agent Ali Tom (718) 768-4500

    Listing date Nov 20, 2025

    MLS# 497437 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 Building For Sale

    This mixed-use brick building is located at 238 Prospect Park West in Brooklyn. The property features one retail/commercial space and two apartments, situated on a 20'x98' lot. The retail space measures 20'x98', while each of the two apartments measures 20'x55'. A full basement is also included. Currently, the ground floor supermarket tenant occupies a double storefront at 236 and 238 Prospect Park W. The sale price represents a 50% share of the property. The property is currently 100% leased with rental income. The building is located in a busy commercial area near Prospect Park and Bartel-Pritchard Square. The property size is 4,200 square feet and the lot size is approximately 0.045 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.981527
    Latitude
    40.659458

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail space and two apartments near Prospect Park.
    Where is this mixed-use property located?
    The property is located at 238 Prospect Park West Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - 50% ownership share of a fully leased, income-generating mixed-use building.; - Prime location on Prospect Park West, near Prospect Park and Bartel-Pritchard Square.; - High rental income from existing tenants.
    (718) 768-4500
    Request Owner's contact information
    238 Prospect Park West Brooklyn, NY 11215
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    Brooklyn, NY 11215
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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
    238 Prospect Park West Brooklyn, NY 11215
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