824 Jamaica Ave Brooklyn, NY 11208
- Retail space
- 720 SF
- 0.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 824 Jamaica Ave
- Year built
- 1920
- Lot size
- 0.05 lot acres
- Property size
- 720 SF
- Zone code
- M1-1
- Property type
- Retail space
- APN
- 04105-0041
- APU
- 41050041
Description
This exceptional 720-square-foot retail property, situated on a 0.05-acre lot (4,100+ square feet), presents a compelling investment opportunity in the vibrant Cypress Hills neighborhood of Brooklyn, NY. Located on bustling Jamaica Avenue, this M1-1 zoned building boasts excellent visibility and signage, ensuring high traffic exposure. The property features impressive 9-foot ceilings, a convenient roll-up door, ample parking (16 spaces), and a fully fenced lot, enhancing security and functionality. Modern upgrades include all new LED lighting and a robust 200-amp power supply. Its prime location offers unparalleled convenience, just one block from the J train and minutes from the Jackie Robinson Parkway. The surrounding area is densely populated with established businesses, including Stop & Shop, Public Storage, various self-storage facilities, fast-food chains (Dunkin', Wendy's, McDonald's), Dollar Tree, Conoco, Duane Reade, YMCA, White Castle, and KFC, indicating strong consumer traffic and demand. Annual property taxes are $9,676.12, representing the total annual expenses. This property offers significant upside potential for both developers seeking a prime location and established businesses looking for a high-visibility space. Don't miss this chance to acquire a thriving retail property in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8744
- Latitude
- 40.689
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
