85 4Th Ave Brooklyn, NY 11217
- Retail residential properties
- 9,800 SF
- 0.11 lot acres
Current Use by Public Records
- Pulse Fitness Club / Gym
- YOROCK Personal Training / Weight Loss Service / Personal Trainer
- Key City Capital / Real Estate Agency
- LaserCutZ / Laser Cutting Service / Engraver
- SUN Studio NY / Print Shop / Interior Designer
Property Details for 85 4Th Ave
- Year built
- 1920
- Lot size
- 0.11 lot acres
- Property size
- 9,800 SF
- Zone code
- C44D
- Property type
- Retail residential properties
- APN
- 00934-0007
- APU
- 9340007
Description
This exceptional retail property, located at 85 4th Avenue in Brooklyn's vibrant Union Square East Village neighborhood (zip code 11217), offers a unique leasing opportunity. Situated in Kings County, New York, this commercial space boasts a total of 1,661 square feet, currently entirely vacant and available for lease. The property is ideally suited for multiple tenants, with flexible space options ranging from a minimum of 195 square feet to a maximum contiguous space of 1,466 square feet. This allows for diverse business models, from smaller boutiques to larger retail establishments. The strategic location within the bustling Union Square East Village area ensures high foot traffic and excellent visibility, providing significant potential for business growth. The property's address is 85 4th Avenue, between 10th and 11th Streets, placing it within easy reach of a diverse and densely populated customer base. This is a rare chance to secure a prominent retail presence in a highly sought-after Brooklyn location. The property is classified as retail commercial space and is ready for immediate occupancy. Contact us today to explore the possibilities and schedule a viewing. The property is categorized as multiple tenancy and is located in Kings County, New York.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $505,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $415,000
- Mixed-Use
- $480,000
- Hospitality
- $520,000
- Educational
- $530,000
- Residential Income
- $420,000
- Energy
- $460,000
- Income-Based Land
- $480,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9799
- Latitude
- 40.6815
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
