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    8895 26Th Ave Brooklyn, NY 11214

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    For Sale
    $1,425,000

    Vacant 3,348 SF retail condo near Gravesend Bay waterfront.

    Property size:
    3,348 SF
    Lot size:
    0.33 Acres

    Property Features for 8895 26Th Ave

    General Information

    Size
    3,348 SF
    Lot size
    0.33 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Alex Svetlakou

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Retail Condo Near Waterfront

    This vacant ground-floor condominium is located in a 10-year-old building near the busy Gravesend Bay waterfront. The property offers an opportunity for occupancy or lease to a community facility. It features a large, open floor plate of 3,348 square feet and includes two separate bathrooms. A 421a benefit is in place, offsetting property taxes. The location is near several large parks, including Calvert Vaux Waterfront Park, Adventurers Amusement Park, and Bensonhurst Park. Nearby tenants include Target, Best Buy, BJ’s, Kohl’s, Home Depot, and Mercedes Benz of Brooklyn. The property is situated four blocks from the D subway train at 25th Avenue and one block from Belt Parkway and is located near the Coney Island MTA hub.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Happy Family Social ... Adult Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.991821
    Latitude
    40.592851

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    FAQs

    What type of property is this?
    Retail space - Vacant 3,348 SF retail condo near Gravesend Bay waterfront.
    Where is this retail space located?
    The property is located at 8895 26Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: - Large 3,348 SF open floor plate; - 421a benefit in-place offsets property taxes; - Excellent location near the busy Gravesend Bay waterfront
    (718) 233-6565
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    8895 26Th Ave Brooklyn, NY 11214
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    Brooklyn, NY 11214
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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
    8895 26Th Ave Brooklyn, NY 11214
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