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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

385 Avenue X Brooklyn, NY 11223

4,800 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,800 SF
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
Current use
Occupant on record · Public records
  • ресторан хот док Restaurant
  • LavashUzN1 Restaurant
  • Al-Bari Restaurant Restaurant Take-out & Catering
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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