2090 11Th St Brooklyn, NY 11223
This exceptional 10,000 square foot vacant catering hall presents a unique investment opportunity in Brooklyn, New York. Located at 2090 W 11th St, this free-standing corner building sits on an 8,000 square foot lot and is zoned R5B. The interior boasts 14-foot ceilings and is fully built-out, ready for immediate occupancy beginning September 10, 2024. The spacious layout is capable of hosting events for up to 300 people, making it ideal for a variety of uses. Its prime corner location in the heart of Brooklyn offers excellent visibility and accessibility. The property's existing infrastructure eliminates the need for extensive renovations, allowing for a swift and efficient transition into operation. This turnkey solution provides a significant advantage for prospective owners seeking a quick return on investment. The property's size and versatile design offer considerable potential for growth and adaptation to evolving market demands. This is a rare opportunity to acquire a fully equipped, high-capacity venue in a desirable Brooklyn location. The property's vacant status allows for immediate customization and branding to suit the new owner's vision. This presents a compelling opportunity for both established businesses and new ventures seeking a prominent presence in a thriving community. The property's location in Kings County, New York, with a zip code of 11223, offers easy access to major transportation routes and a vibrant local market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.