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    Withheld Withheld St Brooklyn, NY 11228

    Sponsored
    For Sale
    $1,099,000

    Profitable Business, 2,700 SF Lot

    Property size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional Brooklyn, NY property offers a unique investment opportunity. The 2,700 square foot lot, situated at Withheld Withheld Street, 11228, in Kings (Brooklyn) County, presents a chance to acquire a thriving wholesale distribution business. Established over five years ago, this business specializes in disposable vape pens, Juul products, e-juice, and salt nic, boasting a substantial client base and a low-lease warehouse. The business enjoys a net income exceeding $1,000,000 annually (before owner add-backs), representing a 0.91% cap rate on the $1,099,000 asking price. The single-story, 1973-built structure features ceilings ranging from 11 to 15 feet in height. Financial details are available upon execution of a non-disclosure agreement and verification of funding. Current owners will provide training and agree to a non-compete agreement, ensuring a smooth transition. This is a rare chance to enter a rapidly expanding market with an established, profitable business. The property is located at 40.6137658 latitude, -74.0153231 longitude.

    Property Features for 0 Withheld Withheld St

    General Information

    Property type
    Land
    Square Feet
    2,700 SF

    Building Details

    Year Built
    1973
    Stories
    1
    Units
    1

    HighLights

    • $1,099,000 asking price for 2,700 SF of commercial land.
    • Located in Brooklyn, NY, 11228.
    • Property features a 1‑story, 1973‑built building with 11‑15 foot ceilings.
    • Includes a profitable, established wholesale distributor business with $1,000,000+ NOI and a 0.91% cap rate.
    • Seller financing and training available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -74.0153231
    Latitude
    40.6137658

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    FAQs

    What type of property is this?
    Land - Profitable Business, 2,700 SF Lot
    Where is this land located?
    The property is located at Withheld Withheld St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: $1,099,000 asking price for 2,700 SF of commercial land.; Located in Brooklyn, NY, 11228.; Property features a 1-story, 1973-built building with 11-15 foot ceilings.
    Request Owner's contact information
    Withheld Withheld St Brooklyn, NY 11228
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    Brooklyn, NY 11228
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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
    Withheld Withheld St Brooklyn, NY 11228
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