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    OFF-MARKET
    Retail properties & Spaces

    823 Van Siclen Ave, Brooklyn, NY 11207

    14,000 SF Built 2015
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The /den/ Creative Space Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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