Property profile

1518 Avenue Z Brooklyn, NY 11235

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail space at 1518 Avenue Z in Brooklyn, New York, presents a remarkable opportunity for businesses seeking high visibility and significant foot traffic. Located in Kings County, this single-tenant property boasts a prime corner location at the intersection of Avenue Z and E 16th Street, offering a total frontage of 91 feet. The C4-2 zoning allows for a variety of retail uses. The space itself is characterized by a large, open layout, ideal for creating a dynamic and engaging retail environment. This location benefits from an average daily traffic count of 12,000 vehicles between Avenue Z and E 16th Street, ensuring consistent exposure to potential customers. The property's strategic positioning provides excellent branding opportunities, allowing businesses to establish a strong presence within a bustling commercial area. The zip code is 11235. This is an exceptional opportunity to secure a high-traffic, highly visible retail space in a thriving Brooklyn neighborhood. The property is easily accessible and offers significant potential for growth and success. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Car Dealership
  • Car Dealership

Location

1518 Avenue Z Brooklyn, NY 11235
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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