838 41St St, Brooklyn, NY 11232
This exceptional commercial land opportunity in Brooklyn, New York, presents a unique investment prospect. Located at 838 41st Street, this 3,000 square foot lot offers significant potential for development or redevelopment. The property currently features two units; one is a 2,095 square foot space on the first floor, and the other is a 1,500 square foot walk-in unit. The annual property taxes for the larger unit are $4,083, while the smaller unit's annual taxes are $3,400. The total land area is 3,000 square feet, making it an ideal size for a variety of commercial ventures. The property's address is 838 41st Street, Brooklyn, NY 11232, situated in Kings County. The precise ceiling height is noted as "Other," requiring further investigation. This property is listed at $1,880,000 and presents a strong investment opportunity given its location and potential for future development. The property's location in Brooklyn offers easy access to transportation and a vibrant commercial environment. Serious inquiries are encouraged to explore the full potential of this promising commercial land parcel. The property is zoned for commercial use. Further due diligence is recommended to confirm zoning regulations and potential development options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.