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    121 Avenue U Brooklyn, NY 11223

    Sponsored
    For Lease
    $32 SF/Yr ($5,199 /Mo)

    Spacious 1900 sq ft retail space, vacant & ready.

    Lot size:
    1,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a 1,900 square foot single-tenant space located on Avenue U in Kings County (Brooklyn). The property is currently vacant and ready for immediate occupancy, offering a blank canvas for any new business venture. The space boasts a generous 1,900 square feet of usable area, providing ample room for a variety of retail concepts. In addition to the main floor space, a full basement is included, offering significant potential for storage, additional retail space, or other business-related uses. The property's location on Avenue U ensures high visibility and accessibility, placing your business within a bustling commercial corridor. This is an ideal opportunity for entrepreneurs seeking a prominent location to establish their presence in a thriving Brooklyn neighborhood. The property is easily accessible by public transportation and benefits from high foot traffic and vehicular access. The absence of existing tenants allows for complete customization and design flexibility to perfectly suit your business needs. This is a rare opportunity to secure a substantial retail space in a prime location. Don't miss out on this chance to establish your business in a vibrant and growing area. Contact us today to schedule a viewing.

    Property Features for 121 Avenue U

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,900 SF
    Total Rate
    5199.67

    Unit(s) available at that property

    Space
    121 Avenue U
    Size
    1,900 SF
    Rate per SF
    $32

    HighLights

    • 1,900 square foot retail space in Brooklyn, Kings County.
    • Single‑tenant occupancy.
    • Vacant and ready for immediate occupancy.
    • Located on a busy street in Avenue U.
    Property Profile Location Intelligence

    Current Use by Public Records

    ASZ Drug Corporation Pharmacy Link Mobile Inc Cell Phone Accessory Store

    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
    -73.9799006
    Latitude
    40.5964596

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    FAQs

    What type of property is this?
    Retail property - Spacious 1900 sq ft retail space, vacant & ready.
    Where is this retail property located?
    The property is located at 121 Avenue U Brooklyn, NY.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 1,900 square foot retail space in Brooklyn, Kings County.; Single-tenant occupancy.; Vacant and ready for immediate occupancy.
    Request Owner's contact information
    121 Avenue U 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
    121 Avenue U Brooklyn, NY 11223
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