Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    164 Rockaway Ave, Brooklyn, NY 11233

    3,800 SF Built 1927
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a vacant, three-story building ideally situated at 164 Rockaway Avenue in Brooklyn, New York, 11233. The property, built in 1927, boasts 3,800 square feet and is situated on a northwest corner lot (Lot 59, Block 1551), offering excellent street visibility with 20 feet of frontage and a 55-foot depth. The building comprises five units, previously configured as a well-established nail salon with five nail tech stations, five pedicure stations, and a front desk equipped with a point-of-sale system. The previous tenant cultivated a strong social media presence, indicating significant potential for future businesses. The property is currently vacant, offering a blank canvas for a new owner to customize the space to their specific needs. With a remaining lease term of five years, this presents a unique opportunity to establish a thriving business in a bustling Brooklyn neighborhood. The asking price is $85,000, and the seller is highly motivated to negotiate. This is a rare chance to acquire a well-located, established retail space in a high-traffic area. The property's size and location make it suitable for a variety of retail uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1927
    Total area 3,800 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
    • Lotus Nail Lounge Nail Salon
    • Lotus Beauty Supplies (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 164 Rockaway Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message