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Property profile

3001 Avenue U Brooklyn, NY 11229

OFF-MARKET
Retail properties & Spaces
View Sample
1,800 SF

Property summary

AI-generated overview

This exceptional investment opportunity presents two commercial buildings totaling 1,800 square feet situated on a 2,000 square foot lot at 3001 Avenue U in Brooklyn, NY, zip code 11229. The property, classified as both office and retail space, is ideally located in a vibrant neighborhood where Marine Park meets Sheepshead Bay, offering excellent visibility and accessibility. The two-story buildings boast modern architecture and well-maintained exteriors, creating a visually appealing presence. The spacious and versatile interiors, featuring 8-10 foot ceilings, are suitable for a variety of commercial uses, including retail stores, restaurants, or office spaces. The bustling area offers a diverse mix of residential and commercial establishments, ensuring high foot traffic. Convenient access to public transportation, including nearby bus stops and subway stations, enhances the property's appeal. This package deal represents a significant opportunity for businesses seeking a thriving location within a strong community. The asking price for this exceptional property is $1,900,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,800 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
  • Roofing Company General Contractor

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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