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    Dekalb Ave New York, NY 11205

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    For Sale
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    Established Art Supply Store & Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving art supply business, located in the heart of Clinton Hill, boasts over 20 years of success and annual revenue exceeding $800,000. Situated next to Pratt Institute, this well-established store occupies a spacious 3,900+ square foot building, providing ample room for expansion or the addition of complementary businesses. The property's prime location in a vibrant and densely populated area ensures consistent foot traffic and a loyal customer base. The business is turnkey and ready for a new owner to continue its legacy of success. Financial records are available upon request to qualified buyers. This presents a unique opportunity to acquire both a profitable, established business and a valuable commercial property in a highly desirable Brooklyn neighborhood. The building itself offers significant potential for future development or adaptation to other commercial uses. The sale includes all existing inventory, fixtures, and equipment. This is an exceptional investment opportunity for an entrepreneur seeking a well-established business with significant growth potential in a prime location. The property is located at a Dekalb Ave address in New York, NY 11205. Serious inquiries only.

    Property Features for 0 Dekalb Ave

    General Information

    Property type
    Retail properties

    HighLights

    • Established art supplies business for sale in prime Clinton Hill location.
    • Generates over $800,000 in annual revenue.
    • Located next to Pratt Institute.
    • 3,900+ square foot space.
    • 20‑year established business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9661428
    Latitude
    40.6896812

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    FAQs

    What type of property is this?
    Retail property - Established Art Supply Store & Building
    Where is this retail property located?
    The property is located at Dekalb Ave New York, NY.
    What are key features of this property?
    This property features: Established art supplies business for sale in prime Clinton Hill location.; Generates over $800,000 in annual revenue.; Located next to Pratt Institute.
    Request Owner's contact information
    Dekalb Ave New York, NY 11205
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    New York, NY 11205
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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
    Dekalb Ave New York, NY 11205
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