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    3063 Cropsey Ave Brooklyn, NY 11224

    Sponsored
    For Lease
    Contact for pricing

    AutoZone-anchored center; 6,400 SF available.

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 14,000-square-foot retail center, located at 3063 Cropsey Avenue in Coney Island's vibrant community retail submarket, presents a unique investment opportunity. The single-story, Class A building, constructed in 2008, boasts an AutoZone anchor tenant and offers two available spaces totaling 6,400 square feet. One space measures 2,000 square feet, while the other is 4,400 square feet; these spaces are combinable to suit a variety of business needs. The property features 18-foot high ceilings, providing ample space and flexibility for tenant improvements. Ample parking is provided with 37 dedicated spaces. High visibility is ensured through pylon signage opportunities visible from Cropsey Avenue. The strategic location at the corner of Cropsey Avenue and Hart Place offers convenient access to public transportation, including the B64, B82, X28, and X38 bus routes, and the Canal Transit Stop. The Belt Parkway provides easy access for customers and deliveries. The property sits on a 29,900-square-foot lot and benefits from its proximity to numerous national retailers and popular attractions, including Coney Island, the New York Aquarium, and the Coney Island boardwalk, ensuring a consistent flow of foot traffic and high visibility. This prime location is ideal for retail, restaurant, grab-and-go, or medical tenants seeking high-traffic exposure in a thriving Brooklyn neighborhood.

    Property Features for 3063 Cropsey Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Class
    A

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    T-Mobile
    Size
    6,400 SF

    HighLights

    • 14,000 SF retail center in Coney Island, Brooklyn.
    • 6,400 SF of vacant space available, divisible into 2,000 SF and 4,400 SF units.
    • AutoZone‑anchored, Class A property built in 2008.
    • Features 18‑foot high ceilings and 37 parking spaces.
    • Excellent visibility with pylon signage available on Cropsey Avenue.
    • Conveniently located near public transportation (B64, B82, X28, X38 buses) and the Belt Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Teacuppups Pet Store T-Mobile Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.985283738254
    Latitude
    40.580941463478

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    FAQs

    What type of property is this?
    Retail property - AutoZone-anchored center; 6,400 SF available.
    Where is this retail property located?
    The property is located at 3063 Cropsey Ave Brooklyn, NY.
    What are key features of this property?
    This property features: 14,000 SF retail center in Coney Island, Brooklyn.; 6,400 SF of vacant space available, divisible into 2,000 SF and 4,400 SF units.; AutoZone-anchored, Class A property built in 2008.
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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
    3063 Cropsey Ave Brooklyn, NY 11224
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