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    OFF-MARKET
    Retail properties & Spaces

    505 Coney Island Ave, Brooklyn, NY 11218

    3,822 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 505 Coney Island Avenue in Brooklyn, New York, offers 3,822 square feet of retail space currently fully vacant and available for lease. The building is comprised of two suites, providing flexibility for a variety of businesses. One suite offers a minimum of 1,261 square feet, while the maximum contiguous space available is 2,561 square feet. The property's strategic location on Coney Island Avenue in Kings County, zip code 11218, places it within a vibrant commercial corridor. The area boasts a diverse range of established businesses, including restaurants (Werkstatt Restaurant, Kentucky Fried Chicken, LARK Cafe, JIKU Wings, Am Thai Bistro, Thai Farm Kitchen), a convenience store (Ideal Supermarkets), a laundromat (Clean Rite Center Laundromat), and a shipping service (UPS Store). This high-traffic location presents a significant opportunity for businesses seeking strong visibility and access to a substantial customer base. The property is categorized as both retail and restaurant space, making it suitable for a wide array of uses. The building's total square footage is 3,822, with the entire space currently available for lease. This presents a unique chance to secure a prominent location in a thriving Brooklyn neighborhood. Interested parties should inquire for lease terms and conditions.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,822 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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