Property profile

359 Broadway Ave Brooklyn, NY 11211

OFF-MARKET
Retail properties & Spaces
22,500 SF Built 1920
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents a 22,500 square foot single-tenant space located at 359 Broadway Avenue in the vibrant Williamsburg neighborhood of Brooklyn, New York. Built in 1920, this four-story building boasts a substantial 7,500 square foot lot. The property is situated in Kings County (Brooklyn), NY 11211, offering unparalleled access to the area's bustling commercial activity and diverse population. While the marketing materials mention a 1,250 square foot space, the total building square footage is 22,500 square feet, encompassing the entire building as a single unit. This presents a unique chance to establish a significant retail presence in a high-traffic area. The property's age adds to its character and potential for creative adaptation. Parking is available for lease, adding significant value and convenience for both the business and its clientele. This is a rare opportunity to acquire a substantial retail space in a highly desirable Brooklyn location. The property's size and location make it suitable for a wide range of retail businesses seeking a prominent presence in a thriving community. The address is 359 Broadway Avenue, Brooklyn, NY 11211.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 22,500 SF

Cap rate & NOI

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

Location

359 Broadway Ave Brooklyn, NY 11211
Brooklyn metro
Google Maps

Value estimations

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 359 Broadway Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message