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Property profile & analytics
OFF-MARKET
Commercial real estate

100 Thatford Ave Brooklyn, NY 11212

5,004 SF
Property ID
US63-1225878
Property summary
AI-generated overview

This exceptional 5,004-square-foot office building at 100 Thatford Avenue in Brooklyn, NY 11212 presents a compelling investment opportunity. Located in Brownsville's rapidly revitalizing area, this property sits on a 50ft x 100.08ft lot and offers significant redevelopment potential. The current zoning (C4) allows for a variety of uses, with potential for rezoning to R6, R7, or R8, allowing for residential development exceeding 5,004 square feet of residential area, with flexibility in the number of residential units combined with commercial space. The property boasts favorable Floor Area Ratios (FAR): 2.43 residential and 3.40 commercial. This prime location benefits from proximity to major transportation hubs, including the L train (Sutter Avenue station), the #3 and #4 trains (Rockaway Avenue station), and the A, C, J, and L lines (Broadway Junction). Convenient bus routes (B14 and B60) and easy access to the Jackie Robinson Parkway and the Belt Parkway further enhance its accessibility. The surrounding area is experiencing significant development, with numerous projects underway or planned on the same block and nearby streets, including 99 Thatford Avenue, 118 Thatford Avenue, 108-116 Thatford Avenue, and 120 Osborn Street. Its strategic location near Crown Heights, Bushwick, Cypress Hills, East Flatbush, and East New York, and its proximity to the bustling Pitkin Avenue, positions this property for exceptional growth and return on investment. The asking price is $2,500,000.

Property profile
Verified
Property type Commercial real estate
Total area 5,004 SF
UPID US63-1225878
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Outreach Restoration Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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