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Property profile

240 Atlantic Ave Brooklyn, NY 11201

OFF-MARKET
Retail properties & Spaces
View Sample
5,882 SF

Property summary

AI-generated overview

This exceptional retail property at 240 Atlantic Avenue in Brooklyn, New York, offers a total of 5,882 square feet of vacant space, ideal for multiple tenants. Located in Kings County, this commercial property is currently available for lease and presents a unique opportunity for businesses seeking high-visibility locations. The space is divisible, with a minimum leasable area of 1,262 square feet and a maximum contiguous space of 4,620 square feet, providing flexibility for various business needs and sizes. This allows for both smaller businesses seeking a foothold in a vibrant area and larger enterprises looking to establish a significant presence. The property's address on Atlantic Avenue ensures high foot traffic and excellent visibility, making it an attractive location for a wide range of retail ventures. The building's strategic location within Brooklyn, New York, offers easy access to public transportation and a diverse customer base. With its versatile layout and prime location, this property is an exceptional opportunity for businesses seeking to thrive in a bustling commercial environment. The zip code is 11201. The property is categorized as retail commercial space. Interested parties should inquire for lease terms and conditions.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,882 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
  • Parking Lot & Garage
  • Pediatrician Medical Clinic

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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