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    Property profile & analytics
    OFF-MARKET
    Land

    2001 Avenue U, Brooklyn, NY 11229

    6,740 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land opportunity is located at 2001 Avenue U in Brooklyn, New York, 11229, within Kings (Brooklyn) County. The property encompasses a 2,239 square foot lot and offers a total buildable area of 6,740 square feet across four stories. The lot's strategic placement at the bustling intersection of Avenue U and Ocean Avenue ensures high visibility and significant foot traffic, ideal for a variety of commercial ventures. Currently, the site includes a thriving deli occupying approximately 800 square feet of ground floor retail space, complemented by a double-sized basement for ample storage. Adding to the income potential, the property also features "outdoor" flower shops that generate an additional $1,500 monthly rental income. The existing deli currently pays a low monthly rent of $5,000. This presents a unique chance for an investor to acquire a well-situated property with existing income streams and significant development potential. The asking price for this remarkable opportunity is $275,000. The ceiling height is noted as "Other" in the property records. This property is a rare find in a high-demand area and offers substantial returns for the discerning investor.

    Property profile
    Verified
    Property type Land
    Total area 6,740 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
    • INK & TONER Passport Photo Processor Toner Cartridge Supplier
    • Ocean Deli Grocery Market inc Grocery & Convenience Store Specialty Food Shop
    • J & N Deli Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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