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Retail Space with Redevelopment Potential
For Sale
$799,000
Pending

1485 Saint Johns Pl, Brooklyn, NY 11213

One-story retail space with R6 zoning and redevelopment potential.

Property SizeContact for details
Days on Market876

Property Features for 1485 Saint Johns Pl

General Information

Standard status Pending

Taxes and HOA fees

Annual Taxes $11,114
Listing Agency: Joanne L Guthman
Listed By: Joanne L. Guthman
Source: Exprealty
Added: Apr 2, 2024 Changed: Aug 20 Last Checked: Aug 24 at 12:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joanne L Guthman

Investment Insights

Based on property information with market context.

This one-story retail space, zoned R6, presents an opportunity for investors. The property is located one block from Utica Avenue and near the #2, #3, and #4 subway lines at Eastern Parkway and Utica Avenue. The property is suitable for cash buyers and allows for gut renovation with the potential to build up to 5 stories. The property is zoned for retail (K1).

Key Highlights

  • R6 zoning allows for potential 5‑story building construction.
  • Prime location one block from Utica Avenue.
  • Subway access at Eastern Parkway & Utica Ave (#2, #3, #4 lines).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,082
Businesses Nearby
150k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Groceries 27% Dining 16% Electronics 3%
Food Bazaar Supermarket Groceries
26,934 visits/mo 0.4 miles
Dollar Tree Shops & Services
23,117 visits/mo 0.5 miles
BP Shops & Services
17,847 visits/mo 0.5 miles
BP Shops & Services
16,007 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
15,514 visits/mo 0.5 miles

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - One-story retail space with R6 zoning and redevelopment potential.
Where is this retail space located?
The property is located at 1485 Saint Johns Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: R6 zoning allows for potential 5‑story building construction.; Prime location one block from Utica Avenue.; Subway access at Eastern Parkway & Utica Ave (#2, #3, #4 lines).
More about this property
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