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    2214 69Th St Brooklyn, NY 11234

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    For Sale
    Contact for pricing

    33,000 SF M1-1 Zoned Lot in Brooklyn

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 33,000 square foot lot presents a unique investment opportunity in the thriving Brooklyn market. Located at 2214 East 69th Street, Brooklyn, New York, 11234, this property boasts an M1-1 zoning designation, opening doors to a wide range of commercial and industrial uses. The expansive lot size provides ample space for development, making it ideal for businesses seeking a strategic location in a dynamic area. Its Kings County address offers convenient access to major transportation arteries, ensuring seamless connectivity for both employees and clients. The precise coordinates are 40.616828 latitude and -73.9069213 longitude. This property is ready for immediate development, presenting a rare chance to capitalize on Brooklyn's robust economic growth. The M1-1 zoning allows for a variety of commercial and industrial projects, providing flexibility for diverse development plans. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Don't miss this chance to secure a prime piece of Brooklyn real estate. The address is easily accessible and well-situated within the vibrant Brooklyn community. This is a truly remarkable opportunity for investors and developers alike.

    Property Features for 2214 69Th St

    General Information

    Property type
    Land

    HighLights

    • 30,000 square foot M1‑zoned commercial lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9069213
    Latitude
    40.616828

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    FAQs

    What type of property is this?
    Land - 33,000 SF M1-1 Zoned Lot in Brooklyn
    Where is this land located?
    The property is located at 2214 69Th St Brooklyn, NY.
    What are key features of this property?
    This property features: 30,000 square foot M1-zoned commercial lot.; ;
    Request Owner's contact information
    2214 69Th St Brooklyn, NY 11234
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    Brooklyn, NY 11234
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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
    2214 69Th St Brooklyn, NY 11234
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