721 St Nicholas Ave New York, NY 10031
This exceptional commercial property, located at 721 St Nicholas Avenue in the vibrant Brooklyn, New York (Manhattan) area, presents a unique investment opportunity. Boasting a total of 4,576 square feet, this property features two distinct units, ideal for a variety of uses, including office and retail spaces. The building sits on a 2,000 square foot lot, providing ample space and potential for future development or expansion. The interior features attractive ceiling heights ranging from 8 to 10 feet, offering a spacious and comfortable environment for tenants and employees. The asking price for this prime commercial real estate is $1,400,000. Situated in the 10031 zip code, this property benefits from excellent accessibility and visibility, making it an attractive location for businesses seeking a strong presence in a thriving New York City neighborhood. The property's location at the intersection of St. Nicholas Avenue offers convenient access to public transportation, local amenities, and a diverse customer base. This is a rare opportunity to acquire a well-positioned commercial property in a high-demand area of New York City. Don't miss out on this chance to own a piece of Brooklyn's dynamic commercial landscape. Contact us today to schedule a viewing.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.