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Property profile & analytics

886 Broadway Brooklyn, NY 11206

  • Banks
  • 69,670 SF
  • 0.26 lot acres
Value Estimation
$295,000
Last Sale
Apr 14, 2025
$317,342
Location Intelligence
Property ID
US63-0849046
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Banks

Property Details for 886 Broadway

Year built
2020
Lot size
0.26 lot acres
Property size
69,670 SF
Zone code
C44L
Property type
Banks
APN
01582-0015
APU
15820015

Description

This exceptional opportunity presents two newly developed, contiguous retail spaces located at 886 Broadway in the vibrant Bed-Stuy neighborhood of Brooklyn, New York. Each space offers approximately 2,000 to 2,100 square feet of versatile, "vanilla box" layout, perfect for customization to suit a variety of retail concepts. The property is situated between Stockton Street and Lewis Avenue, providing excellent street visibility and accessibility. Its strategic location offers unparalleled convenience, with immediate proximity to the Myrtle Avenue subway station (J & M trains), ensuring easy access for customers and employees. Public transportation options also include several bus lines (B47, B46, B15, & B54). The area boasts a thriving mix of established businesses and a strong residential population, creating a robust customer base. Nearby businesses include a diverse range of establishments, from cafes and restaurants (Cafe Erzulie, Native Restaurant and Lounge, Milly's Pizzeria, Dunkin', etc.) to retail shops (Brooklyn Art Cave, Horseradish Market, Auntie Anne's, Bond Collective, etc.), pharmacies (Daily Dose Pharmacy), and various food options (FOOD BAZAAR, Flying Apple, Mayas Snack Bar, Pizza Hut, Popeyes, etc.). This high-traffic location, combined with the flexible space and convenient transit access, makes this property an ideal investment for discerning entrepreneurs seeking a prime retail location in a rapidly growing Brooklyn neighborhood. The property is located in Kings County, New York, with a zip code of 11206.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $250,000
    6.5%
    $245,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $275,000
    Geo Method
    $270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $225,000
    Retail
    $230,000
    Mixed-Use
    $250,000
    Hospitality
    $220,000
    Educational
    $265,000
    Residential Income
    $260,000
    Energy
    $225,000
    Income-Based Land
    $240,000
    Food Service
    $240,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9374
Latitude
40.6978
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$691,332
$137,700
$6,394,950
$6,532,650
-
$306,000
$14,211,000
$14,517,000
More about this property
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