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    Brooklyn Retail/Warehouse Opportunity Title is generated by Realmo AI

    949 Remsen Ave, Brooklyn, NY 11236

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    East Flatbush retail/warehouse space for sale near transportation.

    Type:Industrial
    Property size:
    2,240 SF
    Price / SF:
    $669/SF
    Added:
    Mar 26, 2026
    Days on Market:
    103
    Last Refresh:
    Jul 4 at 12:45 pm

    Property Features for 949 Remsen Ave

    General Information

    Standard status
    Active
    Size
    2,240 SF
    Property subtype
    Industrial

    We can help!

    Contact an agent
    Shlomi Bagdadi
    Shlomi Bagdadi

    Listing office Tri State Commercial

    Listing date Mar 26, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Tri State Commercial

    HighLights

    • Convenient location in East Flatbush, Brooklyn.
    • Proximity to Belt Parkway.
    • Close to multiple bus lines (B17, B60, & B8).
    • Near the L train at Canarsie - Rockaway Pkwy.
    • Abundance of nearby shopping options.
    • Surrounded by various retailers, restaurants, and services (Dunkin', Planet Fitness, etc.).

    Overview

    Located in the East Flatbush neighborhood of Brooklyn, between Foster Ave & Krier Pl, this property offers a strategic location with convenient access to the Belt Parkway. The area is well-served by public transportation, including the L train at Canarsie - Rockaway Pkwy and the B17, B60, & B8 bus lines. The property is surrounded by a diverse mix of commercial tenants, including Dunkin', Planet Fitness, Tropical Smoothie Cafe, PetSmart, Sunoco Gas Station, The Vitamin Shoppe, Dollar Tree, Wendy's, Popeyes Louisiana Kitchen, United States Postal Service, McDonald's, Blink Fitness, and TD Bank. The property, with a size of 2240 square feet, is suitable for retail or warehouse use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $174.2k $77.76
    − Vacancy −$20.7k −$9.25
    EGI $153.5k $68.51
    − OpEx −$46.0k −$20.55
    NOI $107.4k $47.95
    2,240 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.53M
    $1.34M – $1.79M (±1% cap)
    NOI $107,418 @ 7.0% cap · market cap 7.16%
    Second Best
    Warehouse
    $691.3K
    $604.9K – $806.5K (±1% cap)
    NOI $48,389 @ 7.0% cap · market cap 3.23%
    Theoretical Best
    Specialty Retail
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,830 @ 7.0% cap · market cap 8.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    TEA2 Restaurant Brooklyn Embroideryâ„¢ & Printing Production Facility

    Suggested Use

    Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Nursing Home Nursing Home Tech Support Center Bar & Pub Parking Lot & Garage

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

    Similar Places Nearby

    • Storage Fox Self Storage — Brooklyn, NY 11234
    • Stop and Stor Canarsie / Georgetown — 1414 Ralph Ave, Brooklyn, NY 11236
    • Nearby Storage Units — 1418 rockaway pkwy, brooklyn, ny 11236
    • Extra Space Storage — 5601 Foster Ave, Brooklyn, NY 11234
    • Next Gen Moving — 1279 e 93rd st, brooklyn, ny 11236

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.911303
    Latitude
    40.645468

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    FAQs

    What type of property is this?
    Warehouse - East Flatbush retail/warehouse space for sale near transportation.
    Where is this warehouse located?
    The property is located at 949 Remsen Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Convenient location in East Flatbush, Brooklyn.; Proximity to Belt Parkway.; Close to multiple bus lines (B17, B60, & B8).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shlomi Bagdadi
    Shlomi Bagdadi
    Real Estate License ID: NY 10311204539
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