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Property profile

2178 65Th St Brooklyn, NY 11204

OFF-MARKET
Retail properties & Spaces
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21,807 SF Built 1935

Property summary

AI-generated overview

This exceptional Brooklyn storefront at 2178 65th Street presents a significant investment opportunity. The property, situated on a 7,269 square foot lot, boasts a substantial 21,807 square feet of space spread across three stories. Built in 1935, the structure is a three-story brick building with a semi-attached mixed-use design, including an extra-large garage. The property benefits from a C4-2 zoning designation, allowing for a variety of commercial or residential uses, with a potential buildable square footage exceeding 21,807 square feet. The existing building offers ample space for renovation and adaptation to suit a wide range of user needs. The property features a poured concrete foundation and a fully fenced yard. The asking price is $5,148,888, and current annual property taxes are $22,564. This location offers significant potential for redevelopment or continued use as a thriving commercial space. The property's size and zoning flexibility make it an ideal candidate for a variety of projects, from retail expansion to residential conversion. The substantial lot size also provides ample parking opportunities. This is a rare opportunity to acquire a large-scale property in a desirable Brooklyn location with significant upside potential. The property's existing infrastructure, including the extra-large garage, adds to its versatility and appeal. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1935
Total area 21,807 SF

Cap rate & NOI

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

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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