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    8413 20Th Ave Brooklyn, NY 11214

    For Sale
    $150,000

    Prime Brooklyn Retail, 32,600 SF

    Property size:
    32,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 8413 20th Avenue in the vibrant Bensonhurst neighborhood of Brooklyn, New York, presents a unique investment opportunity. Boasting a substantial 32,600 square feet of space on an 11,400 square foot lot, this single-unit commercial building offers significant potential for a variety of retail ventures. The property's address is 8413 20th Avenue, Brooklyn, NY 11214, situated in Kings (Brooklyn) County. The asking price is $150,000. The building's ceiling height is noted as "Other," requiring further inquiry for specific details. Given its size and location in a bustling commercial area, this property is ideally suited for a large-scale retail operation or could be subdivided for multiple tenants. The property's strategic location within Bensonhurst offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. This presents a rare chance to acquire a substantial retail space in a thriving Brooklyn neighborhood at an attractive price point. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property's geographic coordinates are 40.6053733 latitude and -73.9972476 longitude.

    Property Features for 8413 20Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    32,600 SF

    Building Details

    Units
    1

    HighLights

    • $150,000 asking price.
    • 32,600 square foot retail property.
    • Located at 8413 20th Avenue, Brooklyn, NY 11214.
    • Single unit building on an 11,400 square foot lot.
    • Currently operating as a Taiwanese fruit tea shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yifang Taiwan Fruit ... Bubble Tea Store New Look Men ... Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9972476
    Latitude
    40.6053733

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn Retail, 32,600 SF
    Where is this retail property located?
    The property is located at 8413 20Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price.; 32,600 square foot retail property.; Located at 8413 20th Avenue, Brooklyn, NY 11214.
    Request Owner's contact information
    8413 20Th Ave Brooklyn, NY 11214
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    Brooklyn, NY 11214
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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
    8413 20Th Ave Brooklyn, NY 11214
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