Property profile

1508 Coney Island Ave Brooklyn, NY 11230

OFF-MARKET
Retail properties & Spaces
32,390 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 1508 Coney Island Avenue in Brooklyn, New York, offers 32,390 square feet of vacant space, perfect for multiple tenants. The building is situated in Kings County, zip code 11230, and presents a unique opportunity for businesses seeking high-visibility locations. The property is currently entirely vacant, allowing for complete customization and design to suit individual tenant needs. Spaces are available in various sizes, with a minimum divisible unit of 500 square feet and a maximum contiguous space of 6,500 square feet. Twelve individual spaces are available, providing flexibility for a variety of retail concepts. The property's prominent location on Coney Island Avenue ensures high foot traffic and excellent visibility, making it an ideal location for businesses seeking strong brand exposure. This is a rare opportunity to secure a substantial retail presence in a vibrant Brooklyn neighborhood. The property's size and layout offer significant potential for a diverse range of retail uses, from smaller boutiques to larger flagship stores. Interested parties are encouraged to inquire about lease terms and availability. The address is 1508 Coney Island Avenue, Brooklyn, NY 11230.

Property profile

Verified
Property type Retail properties & Spaces
Total area 32,390 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
  • Freight Service

Location

1508 Coney Island Ave Brooklyn, NY 11230
Brooklyn 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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