L 9313-9315-9317 Ave Brooklyn, NY 11236
This exceptional value-add investment opportunity presents a three-story, multi-tenant retail storefront and shopping center located at 9313-9317 Avenue L, Brooklyn, NY 11236. The property boasts a total of 5,500 square feet situated on a 0.13-acre lot. Currently, the occupancy rate stands at 70%, offering immediate cash flow and significant upside potential. The existing tenants include a double-store office, a barbershop, and a nail salon, providing a diverse tenant mix. The property is offered at an asking price of $2,800,000, and is classified as a Net Net (NN) lease. The building's dimensions are approximately 55 feet by 100 feet. With a triple-net lease structure and zero years remaining on the current lease terms, this property presents a unique chance to reposition and increase rental income. The property's location in Brooklyn, Kings County, within the 11236 zip code, offers excellent visibility and access to a thriving commercial district. This is a rare chance to acquire a well-positioned retail property in a high-demand area with substantial potential for future growth and increased profitability. The property's current configuration and tenant mix provide a solid foundation for a savvy investor seeking a value-add opportunity in the New York City market.
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.