Property profile

271 Brighton Beach Ave Brooklyn, NY 11235

OFF-MARKET
Retail properties & Spaces
19,686 SF Built 1992
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Property summary

AI-generated overview

This exceptional retail property, located at 271 Brighton Beach Avenue in Brooklyn, NY 11235, presents a unique investment opportunity. The 19,686 square foot building, constructed in 1992, sits on a 10,000 square foot lot and is zoned R6, C1-2, OP. Currently configured as a mini-mall or shopping plaza, it offers five available retail spaces, each ranging from 300 to 400 square feet. These units can be combined to accommodate larger tenants. The property enjoys a highly desirable location with exceptional foot traffic, averaging 10,000 daily visitors on Brighton Beach Avenue. The convenient cross street is Brighton 2nd Street. This is a turnkey operation with utilities included in the monthly rent of $3,800 per unit, making it an attractive proposition for both individual entrepreneurs and larger retail chains. The property's prime location and high traffic volume ensure strong potential for rental income and business growth. This is a rare chance to acquire a well-established retail space in a thriving Brooklyn neighborhood. Don't miss this opportunity to secure a piece of this vibrant commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1992
Total area 19,686 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Home Decor Store Department Store
  • Clothing Store
  • Clothing Store

Location

271 Brighton Beach Ave Brooklyn, NY 11235
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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