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Kensington Commercial Condo For Sale
For Sale
$699,000

428 9th St, Brooklyn, NY 11215

New construction ground floor commercial condo in prime Kensington area.

Property Size1,416 SF
Price / SF$493.64
Days on Market773

Property Features for 428 9th St

General Information

Standard status Active
Size 1,416 SF
Property subtype General Commercial

Amenities

3
Flat
Listing Agency: A P Services Inc
Listed By: Aliaksei Palaukou · License #AP8095
Source: Xome
Added: Jul 26, 2024 Changed: Sep 1 Last Checked: Sep 5 at 4:33AM

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 A P Services Inc

Investment Insights

Based on property information with market context.

This is a new construction ground floor commercial condominium located in the Kensington area. The space is approximately 1416 square feet. The property has a 25-year tax abatement (ICAP). Common charges (HOA) are $219 per month. The owner can build to suit to meet the buyer's specific needs. The bike score is 83, indicating it is very bikeable. The walk score is 91, designating it as a walker's paradise. The transit score is 93, marking it as a rider's paradise. It is suitable for community facility use.

Key Highlights

  • 25‑year tax abatement (ICAP)
  • Prime Kensington location with excellent walk, bike, and transit scores (91, 83, and 93 respectively)
  • New construction ground floor commercial condo (community facility)

Property Analytics

Current Use

Al-Barr Builder Construction Company

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Barber Shop (Bike/Boat/Book/etc) Store Catering Service

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

7,259
Businesses Nearby
153k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 34% Groceries 6% Electronics 1%
Barnes & Noble Shops & Services
34,907 visits/mo 0.2 miles
Bank of America Shops & Services
13,992 visits/mo 0.3 miles
7-Eleven Shops & Services
10,769 visits/mo 0.3 miles
Market Place By Key Food Groceries
9,432 visits/mo 0.4 miles
Bareburger Dining
7,683 visits/mo 0.5 miles

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction ground floor commercial condo in prime Kensington area.
Where is this retail space located?
The property is located at 428 9th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 25‑year tax abatement (ICAP); Prime Kensington location with excellent walk, bike, and transit scores (91, 83, and 93 respectively); New construction ground floor commercial condo (community facility)
More about this property
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