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    48 Cypress Ave Brooklyn, NY 11237

    Sponsored
    For Lease
    $50 SF/Yr

    Prime Brooklyn location, 1,200 sq ft.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located at 48 Cypress Avenue in the vibrant Bushwick neighborhood of Brooklyn, New York, presents a unique opportunity for a discerning business. The property, situated in Kings County, offers 1,200 square feet of versatile space, perfect for a variety of retail uses. Currently, one unit is available for lease. The address is conveniently located at 48 Cypress Avenue, Brooklyn, NY 11237, with excellent visibility and accessibility. This prime location within Bushwick offers high foot traffic and exposure to a diverse and thriving community. The asking rent is $5,000 per month. The property is classified as retail, with multiple tenancy options. The property's geographic coordinates are 40.7083005 latitude and -73.9202741 longitude. This presents a compelling investment opportunity for businesses seeking a high-impact location in a rapidly growing area of Brooklyn. The space is ready for immediate occupancy and offers significant potential for growth and success. Interested parties are encouraged to inquire further to explore this exceptional retail opportunity.

    Property Features for 48 Cypress Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Ground
    Size
    1,200 SF
    Rate per SF
    $50
    Property Profile Location Intelligence

    Current Use by Public Records

    Empanada City Dominican Restaurant Vacations BK Bar Runaway Diner Restaurant

    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
    State
    New York
    Longitude
    -73.9202741
    Latitude
    40.7083005

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn location, 1,200 sq ft.
    Where is this retail property located?
    The property is located at 48 Cypress Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    Request Owner's contact information
    48 Cypress Ave Brooklyn, NY 11237
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    Brooklyn, NY 11237
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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
    48 Cypress Ave Brooklyn, NY 11237
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