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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2090 11Th St Brooklyn, NY 11223

10,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,000 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
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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