Prime Redevelopment Opportunity in
For Sale
$9,500,000
2050 Stillwell Ave, Brooklyn, NY 11223
Established auto shop on a large lot, ideal for redevelopment.
Property Size4,874 SF
Lot Size0.23 Acres
Price / SF$1,949
Days on Market104
Property Features for 2050 Stillwell Ave
General Information
Standard status
Active
Size
4,874 SF
Lot size
0.23 Acres
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Brooklyn Real Property, Inc.
(718) 875-8899
Listed By:
Jean Paul Ho
(718) 875-8899
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 8:54AM
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 Brooklyn Real Property, Inc.
Investment Insights
Based on property information with market context.
This well-established tire store, a neighborhood icon for over 70 years, presents a prime redevelopment opportunity. The property, also known as 8614 26th Avenue, 2576 86th Street, and 2050-2062 Stillwell Avenue, currently features four free-standing brick auto repair and tire shops with five lifts. The structure includes 2 retail spaces totaling 1,000 square feet and a 3,874 square foot garage, resulting in a total of 4,874 square feet within a one-story building. The building dimensions are 175 feet by 34 feet, with a 23-foot ceiling height. Situated on a large triangular lot measuring 105.83 feet by 100 feet, the lot encompasses 10,160 square feet and is zoned R5, C8-2. The current Floor Area Ratio (FAR) is 0.48, allowing for a maximum buildable area of 20,320 square feet. With a current built area of 4,877 square feet, an additional 15,443 square feet can be added, with the potential for further FAR increases under the City of Yes program. The commercial zoning allows for various development options, including retail, medical offices, or luxury condominiums. The property will be delivered vacant. The location is considered a Walker's Paradise with a walk score of 95 and a Rider's Paradise with a transit score of 91. It is also bikeable, with a bike score of 65.
Key Highlights
- Prime redevelopment opportunity in a highly desirable location.
- Large 10,160 sq ft lot with R5, C8‑2 zoning, allowing for various commercial and residential development options.
- Significant buildable area: Current built area 4,877 sq ft with an additional 15,443 sq ft available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,080
Businesses Nearby
121k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 33%
Groceries 19%
Home Improvements & Furnishings 5%
McDonald's
Dining
37,271 visits/mo
0.2 miles
Petco
Shops & Services
23,136 visits/mo
0.1 miles
Super Foodtown
Groceries
19,340 visits/mo
0.2 miles
Citizens Bank
Shops & Services
14,137 visits/mo
0.4 miles
Best Buys True Value
Home Improvements & Furnishings
6,084 visits/mo
0.4 miles
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Pro Motors Group — 2505 Stillwell Ave, Brooklyn, NY 11223
- Anmast Paintless Dent Repair — 2507 Stillwell Ave, Brooklyn, NY 11224
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- AK Towing,inc — 2505 Stillwell Ave, Brooklyn, NY 11224
- Gravesend Auto Enterprise — 2522 W 3rd St, Brooklyn, NY 11223
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto shop on a large lot, ideal for redevelopment.
Where is this auto shop located?
The property is located at 2050 Stillwell Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in a highly desirable location.; Large 10,160 sq ft lot with R5, C8‑2 zoning, allowing for various commercial and residential development options.; Significant buildable area: Current built area 4,877 sq ft with an additional 15,443 sq ft available.
