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    173 Veronica Pl Brooklyn, NY 11226

    For Sale
    $1,300,000

    Prime Brooklyn Retail Space - $1.3M

    Property size:
    2,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Brooklyn commercial property at 173 Veronica Place (also known as 992 Rogers Avenue), offers a unique investment opportunity. The 2,850 square foot retail space is situated on a 2,992 square foot lot (25 x 120 feet) and is zoned R6/C2-3, presenting potential for development and expansion. Currently operating as a commercial store, the property boasts the possibility of utilizing air rights to increase its footprint. Its convenient location near the 2 and 5 train lines at Beverly Road provides easy access to public transportation, and its proximity to a variety of restaurants and shops ensures high visibility and foot traffic. The single-story building presents a versatile space ideal for a variety of commercial uses, including restaurants, given its existing configuration. The asking price is $1,300,000. This is a rare chance to acquire a well-located, adaptable commercial property in a thriving Brooklyn neighborhood. The ceiling height is noted as "Other," and further details should be confirmed through due diligence. Serious inquiries only.

    Property Features for 173 Veronica Pl

    General Information

    Property type
    Restaurants
    Square Feet
    2,850 SF

    Building Details

    Stories
    1
    Units
    1

    HighLights

    • $1,300,000 asking price.
    • 2,850 square foot retail space.
    • Single‑story building on a 2,992 square foot lot.
    • Located at 173 Veronica Place, Brooklyn, NY 11226.
    • R6/C2‑3 zoning.
    • Potential air rights.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.9524898
    Latitude
    40.6459452

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    FAQs

    What type of property is this?
    Restaurant - Prime Brooklyn Retail Space - $1.3M
    Where is this restaurant located?
    The property is located at 173 Veronica Pl Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; 2,850 square foot retail space.; Single-story building on a 2,992 square foot lot.
    Request Owner's contact information
    173 Veronica Pl Brooklyn, NY 11226
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    Brooklyn, NY 11226
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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
    173 Veronica Pl Brooklyn, NY 11226
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