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    2 Bay 25Th St Brooklyn, NY 11214

    Sponsored
    For Sale
    $53,000

    2,000 SF Lot, $53,000

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2,000 square foot commercial land parcel is situated at 2 Bay 25th Street in Brooklyn, New York, zip code 11214. Located in Kings County, this property presents a unique investment opportunity. The lot size is 2,000 square feet, offering ample space for a variety of commercial ventures. While previously occupied by a foot spa and massage facility, the property's zoning allows for diverse business applications. The asking price is $53,000, making it an attractive proposition for entrepreneurs and investors seeking a foothold in this vibrant Brooklyn neighborhood. The property's address is conveniently located near the intersection of 86th Street and Bay 25th Street. The ceiling height is noted as "Other," and further details can be provided upon request. This is a single-unit property, ideal for a business owner seeking a manageable space with significant potential. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is ready for immediate occupancy and offers a blank canvas for your business vision. Don't miss this chance to own a piece of Brooklyn's thriving commercial landscape.

    Property Features for 2 Bay 25Th St

    General Information

    Property type
    Land
    Square Feet
    2,000 SF

    Building Details

    Units
    1

    HighLights

    • 2,000 sq ft commercial lot in Brooklyn, NY (11214).
    • Asking price: $53,000.
    • Zoned for diverse commercial uses.
    • Located near the intersection of 86th Street and Bay 25th Street.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yuzu Hall Massage Spa

    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
    -73.9978094
    Latitude
    40.6041591

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    FAQs

    What type of property is this?
    Land - 2,000 SF Lot, $53,000
    Where is this land located?
    The property is located at 2 Bay 25Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $53,000.
    What are key features of this property?
    This property features: 2,000 sq ft commercial lot in Brooklyn, NY (11214).; Asking price: $53,000.; Zoned for diverse commercial uses.
    Request Owner's contact information
    2 Bay 25Th St 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
    2 Bay 25Th St Brooklyn, NY 11214
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