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Property profile

223 Chestnut St Brooklyn, NY 11208

OFF-MARKET
Retail properties & Spaces
View Sample
1,294,400 SF

Property summary

AI-generated overview

This exceptional commercial property at 223-227 Chestnut Street in Brooklyn, NY 11208, offers two available retail spaces ideal for a variety of community facility uses. Located in a vibrant Brooklyn neighborhood, this property boasts a total of 1,294,400 square feet across two suites. Each suite offers ample space, with one measuring 3,236 square feet and the other 4,008 square feet, providing flexibility for businesses of varying sizes. The minimum divisible space is 3,236 square feet, ensuring efficient use of the property. Currently, there is a total of 7,244 square feet of vacant space available for lease. The property's address is 223 Chestnut Street, Brooklyn, NY 11208, and its precise coordinates are 40.6824826 latitude and -73.8752267 longitude. This presents a unique opportunity to establish a presence in a thriving area. The property is classified as both retail and a community facility, making it suitable for a wide range of businesses. The building's size and layout offer significant potential for growth and expansion. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,294,400 SF

Cap rate & NOI

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

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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