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Property profile

1305 Avenue U Brooklyn, NY 11229

OFF-MARKET
Retail properties & Spaces
View Sample
4,000 SF

Property summary

AI-generated overview

This exceptional commercial property at 1305 Avenue U in Brooklyn, New York, presents a unique opportunity for a discerning business owner. The property boasts a total of 4,000 square feet situated on a 4,000 square foot lot, spread across two stories. The main level offers approximately 2,000 square feet of retail space, complemented by an additional 2,000 square feet in the basement, providing ample room for storage, expansion, or additional operational areas. Ceiling heights range from 8 to 10 feet, creating a spacious and inviting atmosphere. The single-tenant occupancy allows for complete customization and control over the space. Long-term lease options are available, ranging from 10 to 15 years, offering stability and security for your business. This property is ideally suited for a variety of uses, including restaurants, community centers, or medical offices. Its location in a thriving commercial area of Kings County (Brooklyn) offers excellent visibility and accessibility, with convenient proximity to the B and Q subway lines, bus routes, and the bustling activity of Avenue U. The zip code is 11229. This is a remarkable opportunity to establish or expand your business in a prime Brooklyn location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Health Care Service
  • (Bike/Boat/Book/etc) Store Pharmacy

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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