Current Use by Public Records
- ресторан хот док / Restaurant
- LavashUzN1 / Restaurant
- Al-Bari Restaurant / Restaurant / Take-out & Catering
Property Details for 385 Avenue X
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fully leased, four-unit retail building situated on a prominent corner lot in the Gravesend section of Brooklyn, New York. The property, located at 385 Avenue X, boasts a total of 4,800 square feet of retail space, currently operating at 100% occupancy. The building is comprised of a mix of restaurant and convenience store tenants, reflecting the vibrant and diverse commercial landscape of the neighborhood. The property sits on a 6,800 square foot lot, providing ample space and visibility. The zoning designation is R4/Ci-4, allowing for a variety of permitted uses. This modified lease structure offers a stable income stream with multiple tenants, making it an attractive investment for those seeking a strong return on investment. The building's corner location ensures high foot traffic and excellent exposure, contributing to the success of its current tenants. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving Brooklyn neighborhood. The property's strong occupancy rate and diverse tenant mix provide a secure and profitable investment opportunity. The convenient location and ample space make this an ideal investment for both seasoned investors and those new to the commercial real estate market. This one-story building offers a straightforward and easily managed investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9685
- Latitude
- 40.5907
