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    OFF-MARKET
    Land

    838 41St St, Brooklyn, NY 11232

    3,595 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Total area 3,595 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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