1115 Broadway Brooklyn, NY 11221-3015
- Retail space
- 2,250 SF
- 0.05 lot acres
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
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CAP approach
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Comparable approach
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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