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    4407 8Th Ave Brooklyn, NY 11220

    Sponsored
    For Lease
    $50 SF/Yr ($5,000 /Mo)

    1,200 SF Single-Tenant Retail in Brooklyn

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1,200 square foot retail space, located at 4407 8th Avenue in Brooklyn, New York, presents a unique investment opportunity. Situated on a 2,000 square foot lot, this single-tenant property boasts a desirable location within Kings County (Brooklyn), zip code 11220. The building, constructed in 1930, is a three-story structure offering high ceilings ranging from 11 to 15 feet, providing ample space and a sense of grandeur. Ideal for a variety of uses, including office space or a salon, this property offers significant potential for growth and profitability. The property's single-tenant occupancy simplifies management and provides a stable income stream. Its central Brooklyn location ensures high visibility and accessibility to a diverse customer base. The building's solid construction and classic architecture combine to create a unique and attractive space. With its generous lot size and impressive ceiling height, this property offers flexibility for customization and expansion. This is a rare opportunity to acquire a well-located, established retail space in a thriving Brooklyn neighborhood. The property is ready for immediate occupancy and presents a strong return on investment. Contact us today to schedule a viewing.

    Property Features for 4407 8Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF
    Total Rate
    5000

    Building Details

    Year Built
    1930
    Stories
    3

    Unit(s) available at that property

    Space
    4407 8th Avenue 1
    Size
    1,200 SF
    Rate per SF
    $49

    HighLights

    • 1,200 sq ft retail space at 4407 8th Avenue, Brooklyn, NY 11220.
    • Located on a 2,000 sq ft lot in a desirable Kings County location.
    • Three‑story, 1930s building with 11‑15 ft high ceilings.
    • Suitable for office or retail use, offering strong ROI potential.
    • Single‑tenant occupancy simplifies management and provides stable income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -74.0002885
    Latitude
    40.6441471

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    FAQs

    What type of property is this?
    Retail property - 1,200 SF Single-Tenant Retail in Brooklyn
    Where is this retail property located?
    The property is located at 4407 8Th Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $49 SF/Yr.
    What are key features of this property?
    This property features: 1,200 sq ft retail space at 4407 8th Avenue, Brooklyn, NY 11220.; Located on a 2,000 sq ft lot in a desirable Kings County location.; Three-story, 1930s building with 11-15 ft high ceilings.
    Request Owner's contact information
    4407 8Th Ave Brooklyn, NY 11220
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    Brooklyn, NY 11220
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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
    4407 8Th Ave Brooklyn, NY 11220
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