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Property profile & analytics

1121 Broadway Brooklyn, NY 11221-3001

  • Investment properties
  • 2,880 SF
  • 0.05 lot acres
OFF-MARKET
Last Sale
Mar 06, 2023
Value Estimations
$730,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2232674
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

  • D' Valdez Cleaners/Tailor / (Bike/Boat/Book/etc) Store
  • Laina’S Taxes Solutions Corp / Tax Preparation

Property Details for 1121 Broadway

Year built
1931
Lot size
0.05 lot acres
Property size
2,880 SF
Zone code
R6
Property type
Investment properties
Property subtype
Live-work space
APN
03241-0077
APU
32410077

Description

This exceptional 960-square-foot commercial space is ideally situated on a bustling Broadway street in Bushwick, Kings County. The property features a ground floor and a full basement, offering ample room for a variety of business ventures. Currently configured as a tailor shop, the space presents a blank canvas for a diverse range of uses, reflecting the dynamic and ever-evolving nature of the neighborhood. The single-tenant occupancy provides flexibility and control. The building's location within this thriving area ensures high visibility and accessibility for customers and employees alike. Bushwick's vibrant atmosphere, coupled with the property's versatile layout, makes this an outstanding opportunity for businesses seeking a prominent presence in a rapidly developing commercial district. The property is classified as Retail, Office, and Restaurant, allowing for a wide range of potential uses, including traditional office space, coworking, creative office, or even medical office depending on necessary permits and approvals. The landlord is open to considering various proposals and tenant types. This is a rare chance to establish a business in a prime location within one of Brooklyn's most exciting and up-and-coming neighborhoods. The ground floor and basement provide significant space for operations and storage. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $706,000
    Market price range: $707k - $1.35M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,035,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9293
Latitude
40.6939
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
$10,455
$4,800
$62,760
$67,560
-
$80,000
$1,046,000
$1,126,000
More about this property
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