513 New York Ave, Brooklyn, NY 11225
This exceptional 3,000 square foot ground-floor commercial space is located at 513 New York Avenue in the desirable Wingate neighborhood of Brooklyn, New York (zip code 11225). Currently under construction and slated for completion in Winter 2024, this property is being offered for sale at $2,000,000. The building, constructed in 2024, will be delivered in "vanilla box" condition, providing a blank canvas for tenant build-out and customization. Its prime location offers excellent street frontage, making it highly visible and accessible. This versatile space is ideally suited for a variety of uses, including executive offices, medical offices, or traditional office settings. The property benefits from a tax abatement, a significant financial advantage for the buyer. The address is 513 New York Ave, Brooklyn, NY 11225, situated in Kings County. The property is available for occupancy on November 30, 2024. This presents a unique opportunity to acquire a brand-new, adaptable commercial space in a thriving Brooklyn community. The property is being sold directly by the owner.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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