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    294 Broadway Brooklyn, NY 11211

    For Sale
    $1,700,000

    Mixed-use building in prime Williamsburg location with restaurant opportunity.

    Lot size:
    0.02 Acres

    Property Features for 294 Broadway

    General Information

    Lot size
    0.02 Acres

    Building Details

    Year built
    1920

    Source: In House Group Agent Virginia A Incalcaterra

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

    Overview

    Williamsburg Mixed-Use Building For Sale

    This mixed-use building is located in a prime Williamsburg location with high foot traffic. The ground level presents a restaurant opportunity, but the space could also be white-boxed and leased for other uses. Above the commercial space are two rental units, both currently under month-to-month leases. All units have been recently renovated. The commercial space includes a finished basement with exterior access.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sabrina's Pizza Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.957458
    Latitude
    40.708115

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in prime Williamsburg location with restaurant opportunity.
    Where is this mixed-use property located?
    The property is located at 294 Broadway Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Prime Williamsburg location with high foot traffic.; - Mix-use building with commercial space and two residential rental units.; - Restaurant opportunity on the ground level or potential for other commercial use.
    (917) 743-0731
    Request Owner's contact information
    294 Broadway Brooklyn, NY 11211
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    Brooklyn, NY 11211
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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
    294 Broadway Brooklyn, NY 11211
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