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Property profile

823 Van Siclen Ave Brooklyn, NY 11207

OFF-MARKET
Retail properties & Spaces
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14,000 SF Built 2015

Property summary

AI-generated overview

This exceptional 14,000 square foot retail property, built in 2015, is situated on a 17,849 square foot lot at 823 Van Siclen Avenue in Brooklyn, New York, 11207. The single-story building boasts over 100 feet of frontage on Van Siclen Avenue, a major retail corridor. Currently, 900 square feet are available for lease within this single-tenant building. The property's R5/C1-2 zoning offers flexibility for a variety of retail, food, and medical uses. Its strategic location in the New Lots/East New York submarket of Kings County provides excellent access to public transportation and benefits from high visibility and vehicle traffic. The area is densely populated and features a strong mix of local and national retailers, including well-known brands such as Chipotle, Walgreens, Family Dollar, Dollar Tree, AutoZone, Advance Auto Parts, Checkers, and MetroPCS, creating a vibrant and thriving commercial environment. This presents a unique opportunity for businesses seeking a prominent location with significant foot traffic and exposure in a dynamic urban setting. The building has a 1.0 FAR. Cross streets include Linden Boulevard and Stanley Avenue.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2015
Total area 14,000 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
  • Hotel & Motel Resort

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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