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    OFF-MARKET
    Retail properties & Spaces

    673 Shepherd Ave, Brooklyn, NY 11208

    5,400 SF Built 1960
    Property ID
    Property summary
    AI-generated overview

    This newly renovated 5,400 square foot traditional office space is available for lease at 673 Shepherd Avenue in the Brownsville neighborhood of Brooklyn, New York. Located on a 2,000 square foot lot, the building was constructed in 1960 and is zoned R5, C1-2 in Kings County. The single-tenancy property offers excellent accessibility, situated between New Lots Avenue and Hegman Avenue, with convenient proximity to the New Lots Avenue subway station (3, 2, 4, & 5 trains). Numerous bus lines also serve the area (B15, B20, B84, B6, & B14). The property benefits from a strong surrounding commercial presence, including nearby schools (East New York Middle School of Excellence), restaurants (Santo Domingo Restaurant), grocery stores (Adriano Arias Grocery), daycare centers (Miles of Smiles Daycare, Inc, Bendiciones Family Day Care), automotive businesses (Car Lovers Automotive, Linden Express Tire Shop, D & A Guaranteed Auto Sales), and other retail establishments (Food Universe Marketplace, Cricket Wireless Authorized Retailer, CAMBA Cypress Hills Cornerstone). This location offers a blend of residential and commercial activity, providing a potentially robust customer base. The property's size and convenient location make it ideal for a variety of businesses. The year built is 1960.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 5,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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