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    970 41St St Brooklyn, NY 11219

    Sponsored
    For Sale
    $475,000

    750 SF Retail/Warehouse Space, $475K

    Property size:
    750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial condo at 970 41st Street S3 in Brooklyn, NY, presents a unique investment opportunity. Located in the vibrant Kings (Brooklyn) County, zip code 11219, this property boasts 750 square feet of versatile space ideal for retail or warehouse use. The building is a six-story structure situated on a substantial 9,450 square foot lot. The unit itself offers a mix of ceiling heights, ranging from 8-10 feet to 11-15 feet, providing flexibility for various layouts and uses. The asking price is $475,000. This prime location benefits from high traffic volume near New Utrecht Avenue, providing excellent visibility and accessibility. Its proximity to the 'D' train and Maimonides Hospital further enhances its appeal. The property is classified as Retail, Industrial, and Office, offering a wide range of potential applications. The single unit building presents a straightforward ownership structure. This is a rare opportunity to acquire a well-situated commercial property in a thriving Brooklyn neighborhood. The property's size and location make it an attractive investment for both established businesses and new ventures. Serious inquiries are encouraged.

    Property Features for 970 41St St

    General Information

    Property type
    Distribution properties
    Square Feet
    750 SF

    Building Details

    Stories
    6
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Joanna Lis Pediatrics ... Pediatrician Joanna Barbara Lis ... Pediatrician Joana Lis Pediatrics Pediatrician UPS Access Point ... Shipping And Mailing Service Manila Management Inc. Business Management Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.9946156
    Latitude
    40.6435221

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    FAQs

    What type of property is this?
    Distribution property - 750 SF Retail/Warehouse Space, $475K
    Where is this distribution property located?
    The property is located at 970 41St St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    970 41St St Brooklyn, NY 11219
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    Brooklyn, NY 11219
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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
    970 41St St Brooklyn, NY 11219
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