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    970 41St St Brooklyn, NY 11219

    For Sale
    $475,000

    750 SF Retail/Office Space, High Traffic Area

    Property size:
    750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial condo, located at 970 41st Street S1 in Brooklyn, NY 11219, presents a unique investment opportunity. The property boasts 750 square feet of versatile space, ideal for retail or office use, within a larger building encompassing six stories. Situated on a substantial 9,450 square foot lot, this unit offers a prime location in the vibrant Boro Park / Sunset Park neighborhood. The high-traffic area of New Utrecht Avenue ensures excellent visibility and accessibility for your business. Convenience is further enhanced by its proximity to the 'D' train and Maimonides Hospital. The unit features ceiling heights ranging from 8-10 feet and 11-15 feet, offering flexibility in design and layout. The asking price for this single-unit property is $475,000. While the listing mentions potential for additional space (1000-3000 sq ft) and a full basement with high ceilings, this listing only pertains to the 750 sq ft unit currently offered for sale. This is a rare chance to acquire a well-situated commercial space in a thriving Brooklyn neighborhood. Don't miss this opportunity to establish your business in a high-demand location.

    Property Features for 970 41St St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    750 SF

    Building Details

    Stories
    6
    Units
    1

    HighLights

    • $475,000 asking price.
    • 750 square foot retail and office condo.
    • One unit in a six‑story building.
    • 9,450 square foot lot.
    • 8‑15 foot ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Joanna Lis Pediatrics ... Pediatrician Joanna Barbara Lis ... Pediatrician Joana Lis Pediatrics Pediatrician UPS Access Point ... Shipping And Mailing Service Manila Management Inc. Business Management Consultant

    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
    -73.9946156
    Latitude
    40.6435221

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    FAQs

    What type of property is this?
    Office Property Space - 750 SF Retail/Office Space, High Traffic Area
    Where is this office property space located?
    The property is located at 970 41St St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; 750 square foot retail and office condo.; One unit in a six-story building.
    Request Owner's contact information
    970 41St St Brooklyn, NY 11219
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    Brooklyn, NY 11219
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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
    970 41St St Brooklyn, NY 11219
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