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    2588 Atlantic Ave Brooklyn, NY 11207

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    For Sale
    Contact for pricing

    Fully leased Brooklyn retail center with solid, long-term tenancies.

    Property size:
    12,000 SF
    Lot size:
    0.09 Acres

    Property Features for 2588 Atlantic Ave

    General Information

    Size
    12,000 SF
    Lot size
    0.09 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

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

    Overview

    Brooklyn Retail Center For Sale

    Located in the East New York neighborhood of Brooklyn, between Alabama Ave and Georgia Ave, this retail center is near the Liberty Ave & Alabama Ave subway station. The A and C trains at Liberty Ave and the J train at Alabama Ave provide convenient access. Multiple bus lines including the B83, B20, B25, B12, B25, Q24, and Q56 are nearby. The building is fully leased with solid tenancies and leases with average expiration dates of over 5 years. The property has a gross leasable area of 10,000 square feet and a total building area of 12,000 square feet. The zoning is M3-2. The property is delivered as is and is classified as building class B. Nearby tenants include Dunkin', McDonald's, Fine Fare Supermarkets, HOTEL SUNBORN, BKLYN eats, Golden Krust Caribbean Restaurant, Ramada by Wyndham Brooklyn, AdvantageCare Physicians - East New York Medical Office, Advanced Dermatology P.C. | East New York, EmblemHealth Neighborhood Care, M&T Bank, and United States Postal Service. The property has a CAP Rate of 6.71%. There are 4 commercial units and 0 residential units.
    Location Intelligence

    Current Use by Public Records

    The Twenty Sixth Ward ... Bank Crown Field Services Property Management Company The C.R.I.B. Association / Organization The Clean Team House Cleaning Service Brooklyn MAAP (PAL) ... Youth Organization

    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.

    Similar Places Nearby

    50pennsylvania, Rockaway Mini Mall, Backpacks, Metalera, Maribel's Nails

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.898075
    Latitude
    40.675349

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    FAQs

    What type of property is this?
    Shopping center - Fully leased Brooklyn retail center with solid, long-term tenancies.
    Where is this shopping center located?
    The property is located at 2588 Atlantic Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - High CAP Rate: 6.71% offers a strong return on investment; - Fully Leased with Solid Tenancies: Provides immediate and stable income; - Long-Term Leases: Average lease expiration dates of over 5 years ensure consistent revenue stream
    (718) 437-6100
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    2588 Atlantic Ave Brooklyn, NY 11207
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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
    2588 Atlantic Ave Brooklyn, NY 11207
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