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Property profile

1773-1779 Broadway Brooklyn, NY 11207

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 7,250 square foot commercial space, located at 1773-1779 Broadway in Bushwick, Brooklyn, presents a unique opportunity for a variety of businesses. The property boasts approximately 23-foot vaulted ceilings and features a built-out kitchen suitable for office use, multiple restrooms, and several distinct rooms. Offered as-is, this adaptable space allows for complete customization to suit your specific needs. Situated on a thriving Broadway commercial strip, the property benefits from high foot and vehicle traffic, ensuring excellent visibility and accessibility. Its location within a rapidly developing area of Bushwick is further enhanced by its proximity to a diverse range of complementary businesses, including a pharmacy and supermarket. Exceptional public transportation access is a key advantage, with the J and Z subway lines directly adjacent (1,076,510 annual ridership in 2019), and nearby access to the B20, Q24, and B60 bus lines (totaling over 6.6 million annual ridership in 2019), as well as the L train and A/C subway lines. The property is part of an eight-unit commercial building, each unit approximately 1,333 square feet, and tenant parking is available. The high density of young adults in the immediate area (65,000+ within a 0.5-mile radius) presents a significant market opportunity. This prime location offers unparalleled potential for businesses seeking a vibrant and accessible space in one of Brooklyn's most dynamic neighborhoods. The cross street is Chauncey Street.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Value estimations

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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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