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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Nec Camino Encantada & Camino Venada Rio Rancho, NM 87144

1.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3,500 square foot retail space, located at 1113 Flatbush Avenue in the Lefferts Gardens submarket of North Flatbush, presents a unique leasing opportunity. Situated near the intersection of Clarendon & Cortelyou Roads, this Class B property boasts high visibility and significant foot traffic due to its prominent Flatbush Avenue frontage (approximately 30 feet). The space, currently built out as a beauty spa and in excellent condition, features high ceilings (approximately 11 feet), an open floor plan, and central air conditioning. A significant advantage is the inclusion of approximately 3,000 square feet of basement space ideal for storage. The property is conveniently located near the 2, 5, and Q train stations, ensuring easy accessibility for customers and employees. The area is experiencing growth with multiple new residential developments, further enhancing the potential for high traffic and visibility. This space is perfect for a variety of uses, including medical, fitness, or other retail businesses. Venting and food preparation are permitted. The minimum divisible space is 3,500 square feet, and the maximum contiguous space available is also 3,500 square feet. The building has a total of two suites. This is the only space of this size currently available for lease in the immediate vicinity. Excellent signage opportunities are also available.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.23 ac (53,579 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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