Property profile

1587 Broadway Brooklyn, NY 11207

OFF-MARKET
Specialty properties
4,160 SF
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Property summary

AI-generated overview

This exceptional special-purpose property at 1587 Broadway in Brooklyn's vibrant Bushwick neighborhood offers a unique investment opportunity. The 4,160 square foot building features multiple tenancies, ideal for a variety of uses. Currently, three spaces are available, ranging from 1,400 to 2,200 square feet, providing flexibility for potential tenants. The building is situated in a high-traffic area between Halsey Street and Eldert Street, benefiting from excellent visibility and accessibility. Its strategic location offers convenient access to public transportation, including the J train at Halsey Street station and the B26 and Q24 bus lines. This ensures easy commutes for employees and customers alike. The property enjoys a strong surrounding retail presence, with nearby businesses including Dunkin', Rite Aid, Checkers, Popeyes, All Night Skate, Toad Style, The Daily Press, Walgreens, Rainbow Shops, Key Food Supermarkets, Cuts & Slices, Cup of Brooklyn, Taco Bell, and Purgatory, creating a bustling and thriving commercial environment. Located in Kings County, New York, with a zip code of 11207, this property presents a compelling opportunity for investors seeking a well-positioned multi-tenant building in a rapidly developing area. The property includes community facilities, parking, and a garage, adding to its overall appeal and functionality.

Property profile

Verified
Property type Specialty properties
Total area 4,160 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1587 Broadway Brooklyn, NY 11207
Brooklyn metro
Google Maps

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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