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100 3rd Stc-f Brooklyn, NY 11249-3910

OFF-MARKET Retail space Google Maps
492 SF Built 2007
Entity Owned 15-yr Hold Free & Clear
Estimated value (blended)
$385k
Range $347k – $424k (±10%)
Property ID US63-1715695

Property summary

AI-generated overview

This exceptional 479-square-foot ground floor retail space at 100 North 3rd Street in Brooklyn, New York, presents a unique investment opportunity. Boasting 25 feet of frontage, this property is ideally situated in the heart of Williamsburg's desirable Northside. Currently occupied by a bookstore, the space can be delivered vacant and is perfect for various community facility uses. The space features a 10-foot ceiling height, a half bath, and a Mitsubishi HVAC system for both cooling and heating. Constructed in 2008, this property benefits from its convenient location, just a quarter-mile from the Bedford Avenue L subway line. Its proximity to the Williamsburg waterfront, with NYC Ferry access and Domino Park & Sugar Factory Redevelopment, ensures high visibility and foot traffic. The surrounding area is home to a vibrant mix of businesses, including Supreme, Devocion Coffee, Aurora, Ume, Salt & Charcoal, Maison Premiere, Apple, Whole Foods, Trader Joes, Alo Yoga, and Sephora, creating a thriving commercial environment. This prime location, within one of the nation's most densely populated and valuable commercial and residential areas, offers unparalleled potential for success. The asking price is $750,000. The property is located in Kings County, New York, with a zip code of 11249.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 492 SF
Zoning code M12R6A
APN 02358-1027
UPID US63-1715695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Architect
  • (Bike/Boat/Book/etc) Store
  • Clothing Store
  • Department Store Clothing & Fashion Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2011
Last sale
$525,000
1 recorded transaction
2011
Price N/A

Zoning & alternative use

M12R6A · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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