1756 Bushwick Avenue, Brooklyn, NY 11207

Building Details

Year Built 1950 More

Listing Agency: Roz Khan g***@gmail.com

Listed By: Roz Khan · License NY #10351209647 Show Phone

Source: Neilcharlesrealestate

Added: Oct 7 Changed: Nov 13 Last Checked: Nov 13 at 8:39AM

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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 Roz Khan

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 1,520-square-foot storefront was built in 1950 and includes on-site parking. The property is offered for sale with a triple-net structure, and utilities are billed separately.

Located at 1756 Bushwick Avenue in Brooklyn, the property is near major highways and a bus depot.

Key Highlights

• 1,520‑square‑foot storefront
• On‑site parking
• Built in 1950

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$72,891

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,457,820 $1.5M

Cap Rate 7%

$1,041,300 $1.0M

Cap Rate 9%

$809,900 $809.9K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,520 SF

Gross rent

$118.2K $77.76/SF

− Vacancy

−$14.1K −$9.25/SF

EGI

$104.1K $68.51/SF

− OpEx

−$31.2K −$20.55/SF

NOI

$72.9K $47.95/SF

Area

Brooklyn, NY

Vacancy

11.90%

Lease Rate

$77.76 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,457,820

Cap Rate 7%

$1,041,300

Cap Rate 9%

$809,900

Alternative Uses

Best Use

Retail

$1.04M

$911.1K – $1.21M (±1% cap)

NOI $72,891 @ 7.0% cap

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$1.26M

$1.10M – $1.47M (±1% cap)

NOI $88,099 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

PAYOMATIC Check Cashing Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Accounting Firm Skin Care Clinic

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

2,684

Businesses Nearby

182k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 49% Shops & Services 45% Groceries 4% Hotels & Casinos 1%

McDonald's Dining

37,754 visits/mo 0.1 miles

McDonald's Dining

32,207 visits/mo 0.4 miles

Mobil Shops & Services

25,696 visits/mo 0.5 miles

BP Shops & Services

23,215 visits/mo 0.1 miles

Popeyes Louisiana Kitchen Dining

19,139 visits/mo 0.3 miles

Demographics for 11207, NY

100,330

Population

38,030

Households

2.6

Avg Household Size

35

Median Age

19%

College-Educated

81%

High-School Grad

2.7 sq mi

ZIP Area

37,159

Density / Sq Mi

$55,419

Median Household Income

$41,008

Median Earnings

$1,443

Median Rent

$657,400

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Brooklyn, NY

$612 Jul

$525 Aug

$549 Sep

$527 Oct

Properties on Market for Storefront properties in Brooklyn

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Storefront property - The property includes on-site parking and is offered with a triple-net structure.

Where is this storefront property located?

The property is located at 1756 Bushwick Avenue Brooklyn, NY.

What are key features of this property?

This property features: 1,520‑square‑foot storefront; On‑site parking; Built in 1950