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    2383 Stillwell Avenue Brooklyn, NY 11223

    Source: https://caprijetrealty.com
    For Sale
    $12,000,000

    Prime Development opportunity For Sale

    Property size:
    19,200 SF

    Description

    Added:
    May 8, 2025
    Days on Market:
    220
    Introducing a prime development opportunity at 2383 Stillwell Ave, situated in the thriving Gravesend neighborhood of Brooklyn. This expansive corner lot offers a generous 19,200 square feet of potential, making it an ideal investment for developers and builders seeking to capitalize on one of Brooklyn's most promising areas.

    Listing Provided by: Giuseppe Gregorio , NY Space Finders Inc 516-801-6181

    Property Features for 2383 Stillwell Avenue

    General Information

    Property type
    Other retail properties
    Square Feet
    19,200 SF
    Elevators
    N/A
    Lot Size
    19,200 SF

    Building Details

    Year Built
    1979
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    State
    New York
    Longitude
    -73.9873735
    Latitude
    40.6080424

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    FAQs

    What type of property is this?
    Other retail property - Prime Development opportunity For Sale
    Where is this other retail property located?
    The property is located at 2383 Stillwell Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $12,000,000.
    (516) 801-6181
    Request Owner's contact information
    2383 Stillwell Avenue Brooklyn, NY 11223
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    Brooklyn, NY 11223
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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
    2383 Stillwell Avenue Brooklyn, NY 11223
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