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    Dekalb Ave Brooklyn, NY 11205

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    Profitable Art Supply Store - High Revenue

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This thriving art supply business, established 20 years ago, is located in the vibrant Clinton Hill neighborhood of Brooklyn, NY, next to Pratt Institute. Boasting over 3,900 square feet of retail space, this well-known store consistently generates annual revenue exceeding $800,000. The prime location and substantial square footage present significant opportunities for expansion and diversification beyond the existing art supply offerings. The business is situated at a Dekalb Ave address in the 11205 zip code. This turnkey operation offers a unique chance to acquire a profitable and established business in a high-demand area. The extensive space allows for potential expansion into complementary businesses or services, capitalizing on the existing customer base and the high foot traffic associated with its proximity to Pratt Institute. Financial details are available upon request. This is an exceptional opportunity for an entrepreneur seeking a well-established, high-revenue-generating business in a desirable Brooklyn location. Serious inquiries only.

    Property Features for 0 Dekalb Ave

    General Information

    Property type
    Investment properties

    HighLights

    • Established art supplies business in prime Clinton Hill location.
    • Generates over $800,000 in annual revenue.
    • Located near Pratt Institute.
    • 3,900+ square foot space.
    • Significant opportunity for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9661428
    Latitude
    40.6896812

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    FAQs

    What type of property is this?
    Investment property - Profitable Art Supply Store - High Revenue
    Where is this investment property located?
    The property is located at Dekalb Ave Brooklyn, NY.
    What are key features of this property?
    This property features: Established art supplies business in prime Clinton Hill location.; Generates over $800,000 in annual revenue.; Located near Pratt Institute.
    Request Owner's contact information
    Dekalb Ave Brooklyn, NY 11205
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    Brooklyn, NY 11205
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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
    Dekalb Ave Brooklyn, NY 11205
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