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    OFF-MARKET
    Specialty properties

    513 New York Ave, Brooklyn, NY 11225

    Built 2024
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2024
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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