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    176 Highlawn Ave Brooklyn, NY 11223

    For Lease
    $15 SF/Yr ($4,200 /Mo)

    Gravesend Retail: 3,200 SF, Prime Location

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional retail property, located at 176 Highlawn Avenue in the vibrant Gravesend neighborhood of Brooklyn, Kings County, presents a unique investment opportunity. The building, constructed in 1930, offers a total of 3,200 square feet of commercial space spread across two stories. The main floor encompasses 2,200 square feet of usable space, ideal for a variety of retail businesses, while a 1,000 square foot basement provides ample storage or additional operational area. The property sits on a 2,000 square foot lot, providing good visibility and potential for outdoor display or seating (depending on zoning regulations). The space boasts 10-foot high ceilings, creating an airy and spacious atmosphere. Accessibility is ensured with a handicap-accessible entrance and bathroom, catering to a wider customer base. The property is a single-tenant building, offering the buyer or lessee complete control and flexibility. Property taxes are included in the lease, while the tenant is responsible for heat, hot water, and electricity. This turnkey solution offers a rare opportunity to establish a thriving business in a well-established Brooklyn community. The property's historical charm combined with its modern accessibility features makes it an attractive proposition for discerning entrepreneurs. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 176 Highlawn Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF
    Total Rate
    4200

    Building Details

    Year Built
    1930
    Stories
    2

    Unit(s) available at that property

    Space
    176 Highlawn Avenue
    Size
    3,200 SF
    Rate per SF
    $15

    HighLights

    • Retail property totaling 3,200 square feet.
    • Single‑tenant occupancy.
    • Located on a 2,000 square foot lot in Kings County (Brooklyn).
    • Two‑story building constructed in 1930.
    • Features a handicap‑accessible bathroom.
    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
    -73.9794339
    Latitude
    40.60321

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    FAQs

    What type of property is this?
    Retail property - Gravesend Retail: 3,200 SF, Prime Location
    Where is this retail property located?
    The property is located at 176 Highlawn Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 3,200 square feet.; Single-tenant occupancy.; Located on a 2,000 square foot lot in Kings County (Brooklyn).
    Request Owner's contact information
    176 Highlawn Ave Brooklyn, NY 11223
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    Brooklyn, NY 11223
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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
    176 Highlawn Ave Brooklyn, NY 11223
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