2600 Flatbush Ave, Brooklyn, NY 11234
Exceptional investment opportunity: a vacant 11,150 square foot retail pad situated on a 10,700 square foot lot at 2600 Flatbush Avenue in Brooklyn, New York's Marine Park neighborhood. This property, zoned C8-1, offers ample parking and is ideally located across from Kings Plaza Mall, ensuring high visibility and foot traffic. The building is delivered vacant, providing immediate occupancy for an end-user or tenant. Nearby businesses include major retailers such as Raymour & Flanigan, CVS, Primark, and many more, indicating a strong and established retail environment. The lot dimensions are 67 feet by 200 feet. Convenient access to public transportation is provided by several bus lines (B9, B41, B47, B2, B3, B100, BM1, & B35). This property presents a rare chance to establish a thriving retail presence in a high-demand area of Brooklyn. The asking price is $4,000,000, translating to $358.74 per square foot. The property features one commercial unit and offers significant storage potential. This is a turnkey opportunity for immediate occupation and significant return on investment. The property's prime location and ample parking make it an attractive proposition for a wide range of retail businesses. This is a rare opportunity to acquire a substantial retail space in a thriving Brooklyn commercial corridor.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.