You are browsing as a guest. Register to access key data for free.
Property profile

673 Shepherd Ave Brooklyn, NY 11208

OFF-MARKET
Retail properties & Spaces
View Sample
5,400 SF Built 1960

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 673 Shepherd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message