Property profile

721 St Nicholas Ave New York, NY 10031

OFF-MARKET
Retail properties & Spaces
4,576 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,576 SF

Cap rate & NOI

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

Location

721 St Nicholas Ave New York, NY 10031
New York metro
Google Maps

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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