9518 Avenue L Brooklyn, NY 11236
This exceptional 1,265 square foot convenience store, located at 9518 Avenue L in Brooklyn, NY, presents a lucrative investment opportunity. Situated in the bustling Canarsie neighborhood (zip code 11236), this single-tenant property boasts a 100% occupancy rate and sits on a 100 square foot lot (17.5' x 55'). The building, constructed in 1931, is a single-story structure with a ceiling height ranging from 11 to 15 feet. The property is offered at an asking price of $700,000, and operates under a NNN lease with no remaining term. This translates to a strong investment opportunity for a buyer seeking immediate income generation. The property's high-traffic location and established business ensure a consistent stream of revenue. The building's dimensions are 17.5 feet wide by 55 feet deep. This turnkey operation is ready for a new owner to step in and continue its success. The property's classification includes Retail, Industrial, and Office uses. Given its location and current performance, this is an ideal acquisition for investors seeking a stable and profitable addition to their portfolio. Contact us today to schedule a viewing.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.