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Property profile & analytics

1115 Broadway Brooklyn, NY 11221-3015

  • Retail space
  • 2,250 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimation
$365,000
Location Intelligence
Property ID
US63-6242419
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

  • Michelle Mulligan / Family Practice Physician
  • Two Kings Real Estate / Real Estate Agency

Property Details for 1115 Broadway

Year built
1931
Lot size
0.05 lot acres
Property size
2,250 SF
Zone code
R6
Property type
Retail space
APN
03230-0040
APU
32300040

Description

This exceptional 2,250 square foot retail property at 1115 Broadway in Brooklyn, NY 11221, presents a unique investment and redevelopment opportunity. The vacant, single-story building, constructed in 1931, boasts two storefronts and recently renovated interiors. Its prime corner location offers high visibility and significant foot traffic. The property is zoned R6, C2-3, allowing for diverse development possibilities. With a lot size of 2,250 square feet and substantial air rights (3,128 square feet), this site is ideal for expansion or adaptive reuse. The asking price is $1,900,000, translating to $844.44 per square foot. Conveniently located near the J, M, and Z subway lines, this property offers unparalleled access to public transportation. This is a rare chance to acquire a well-positioned commercial property in a thriving Brooklyn neighborhood. The property's existing infrastructure and zoning flexibility make it an attractive proposition for both seasoned investors and developers seeking a high-return investment. Don't miss this chance to capitalize on this exceptional opportunity.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9296
Latitude
40.6941
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
$10,620
$41,400
$69,750
$111,150
-
$92,000
$155,000
$247,000
More about this property
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