248 Avenue X Brooklyn, NY 11223
This exceptional retail opportunity in Brooklyn, NY, presents 6,360 total square feet, with 3,600 to 5,400 square feet currently available for lease. Located at 248 Avenue X in the vibrant Gravesend neighborhood, this multi-tenant property boasts a prime location between Shell Road and West 3rd Street, offering unparalleled visibility and accessibility. The space includes a main level of 3,600 square feet, with an optional 1,800-square-foot mezzanine for added versatility. The property sits on a 3,512-square-foot lot and is zoned R4, C1-2, allowing for a variety of retail uses. Benefit from high foot traffic due to its proximity to the N train at 86th Street and the B1 & B4 bus lines. This thriving commercial area is anchored by a diverse range of established businesses, including Burger King, Key Food, Chase Bank, and many more national and local retailers. The property's strategic location ensures high visibility and convenient access for customers, making it an ideal space for a variety of retail concepts. This is a rare opportunity to secure a well-positioned retail space in a bustling Brooklyn neighborhood. Inquire today for lease terms and availability.
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
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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.