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    190 98Th St Brooklyn, NY 11212

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    6,520 SF Retail Space - Available Now

    Lot size:
    6,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 6,520-square-foot retail space is ideally situated at 190 E 98th St in the vibrant Brooklyn, New York neighborhood, zip code 11212. Located in Kings County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. The property is classified as commercial retail and boasts a substantial footprint, providing ample room for a variety of retail concepts. Its strategic location within Brooklyn offers excellent visibility and accessibility, making it an attractive proposition for businesses aiming to establish a strong presence in a thriving market. The address, 190 E 98th St, ensures easy identification and convenient access for customers. With its significant square footage and prime location, this property represents a compelling investment opportunity for businesses seeking to expand or establish themselves in a dynamic and densely populated area of New York City. The property's single-tenant status offers simplicity and control for the lessee. This is a rare opportunity to secure a large, high-visibility retail space in a desirable Brooklyn location. Serious inquiries are encouraged to explore this exceptional offering.

    Property Features for 190 98Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,520 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    6,520 SF

    HighLights

    • High‑traffic location.
    • Densely populated residential area.
    • Strong co‑tenancy including national and local retailers.
    • 50‑foot frontage.
    • 12‑foot ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    BK PIZZA Pizza Restaurant Kidz Plaza Clothing Store WOODstack TREEHOUSE Children'S Clothing Store Santander Bank ATM Atm Regine's Clothing Store

    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
    State
    New York
    Longitude
    -73.9210332
    Latitude
    40.6628455

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    FAQs

    What type of property is this?
    Retail property - 6,520 SF Retail Space - Available Now
    Where is this retail property located?
    The property is located at 190 98Th St Brooklyn, NY.
    What are key features of this property?
    This property features: High-traffic location.; Densely populated residential area.; Strong co-tenancy including national and local retailers.
    Request Owner's contact information
    190 98Th St Brooklyn, NY 11212
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    Brooklyn, NY 11212
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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
    190 98Th St Brooklyn, NY 11212
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