164 Rockaway Ave Brooklyn, NY 11233
- Retail properties
- 3,800 SF
Current Use by Public Records
- Lotus Nail Lounge / Nail Salon
- Lotus Beauty Supplies / Beauty Supply Store
Property Details for 164 Rockaway Ave
- Year built
- 1927
- Property size
- 3,800 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.911
- Latitude
- 40.6777
