6518 13Th Ave Brooklyn, NY 11219
- Investment properties
- 3,272 SF
- 0.09 lot acres
Current Use by Public Records
- Investment properties
Property Details for 6518 13Th Ave
- Year built
- 1920
- Lot size
- 0.09 lot acres
- Property size
- 3,272 SF
- Zone code
- R5B
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 05753-0046
- APU
- 57530046
Description
This exceptional Brooklyn property at 6518 13th Ave, 11219, offers a unique investment opportunity. The 40' x 100' lot includes a vacant, gutted two-story house (20' x 52') with a basement, and an adjacent 2,000 sq ft building suitable for various uses including retail, office, warehouse, daycare, or medical. Approved architect plans allow for a 3,660 sq ft build. Recent upgrades include a new garage roof, framing, electrical, and plumbing systems. The property boasts on-site parking for five cars and is conveniently located near transportation, banks, restaurants, schools, and shopping. The total net rentable space is 6,000 square feet. Explore the potential for subdivision to maximize returns. This is a prime opportunity for owner-users or investors seeking a versatile, high-potential property in a thriving Brooklyn neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,995,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,930,000
- 6.5%
- $1,920,000
- 7%
- $1,710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,870,000
- Geo Method
- $1,650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,655,000
- Retail
- $1,705,000
- Mixed-Use
- $1,625,000
- Hospitality
- $1,415,000
- Educational
- $1,585,000
- Residential Income
- $1,970,000
- Energy
- $1,720,000
- Income-Based Land
- $1,725,000
- Food Service
- $1,785,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0023
- Latitude
- 40.6256
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA