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981 Halsey St Brooklyn, NY 11207

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For Sale
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High-yield retail investment, two units leased.

Property size:
625 SF

Property Features for 981 Halsey St

General Information

Property type
Retail space
Square Feet
625 SF

Building Details

Year Built
1925
Stories
1
Units
2

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Listing Contact
Shawn Sadaghati
Shawn Sadaghati

Listing Agency: Premiere Property Group, LLC Listing Agent: Shawn Sadaghati

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fully leased, single-story commercial building at 981 Halsey Street in Brooklyn, NY's vibrant Bushwick neighborhood. The property boasts 625 square feet across two retail units, situated on a 25 x 25 foot lot (Block/Lot: 3401/60). One unit, a hair salon, has three years remaining on its lease; the other, a newly established convenience store, is under a five-year lease. Recent renovations include a new storefront, bathrooms, flooring, a full basement, a new roof, and fresh exterior paint. Built in 1925, the building is zoned R6, C1-3, with a FAR of 1.0. The property generates a strong NOI of $44,992, resulting in an attractive 7.60% cap rate. Its prime location offers excellent visibility and convenient access to the J subway line and the bustling commercial corridor of Broadway, providing ample foot traffic and customer accessibility. This is a rare chance to acquire a stable, high-return investment in a rapidly growing area of Brooklyn. The asking price is $895,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Samir Hair Braiding Hair Salon

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9151249
Latitude
40.6859935

FAQs

What type of property is this?
Retail space - High-yield retail investment, two units leased.
Where is this retail space located?
The property is located at 981 Halsey St Brooklyn, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Asking Price: $895,000; Year Built: 1925; Lot Size: 25 x 25 feet
(917) 796-7475 Call to check price and availability
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