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    1279 Sutter Ave Brooklyn, NY 11208

    For Sale
    $399,000

    Prime Brooklyn commercial space leased to a deli business.

    Lot size:
    0.02 Acres

    Property Features for 1279 Sutter Ave

    General Information

    Lot size
    0.02 Acres

    Building Details

    Year built
    1921

    Source: Elite Realty of USA Inc Agent Ajaz A. Asgarally

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

    Overview

    Brooklyn Commercial Space Investment

    This commercial property is located in a sought-after Brooklyn neighborhood with high foot traffic. It is currently leased to a well-established deli business. This property presents an ideal opportunity for investors seeking reliable cash flow. It offers the potential to hold as an income-generating asset in one of Brooklyn's thriving communities.
    Location Intelligence

    Current Use by Public Records

    SK Convenience Gift ... Gift Shop Sutter convenience store Convenience Store

    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

    777 food Market, 777 Food Corp Market, Farm Country of East New York, Food Universe Marketplace, Associated Fresh of Livonia Ave

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.870884
    Latitude
    40.673169

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    FAQs

    What type of property is this?
    Grocery and convenience store - Prime Brooklyn commercial space leased to a deli business.
    Where is this grocery and convenience store located?
    The property is located at 1279 Sutter Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime Brooklyn location with high foot traffic; - Long-term deli business tenant in place; - Steady rental income
    (718) 551-9800
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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
    1279 Sutter Ave Brooklyn, NY 11208
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