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    Property profile & analytics

    1406 Cortelyou Rd Brooklyn, NY 11226

    • Investment properties
    • 3,708 SF
    • 0.05 lot acres
    For Lease
    View listing
    $85 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US63-5860442
    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

    • Kumo Sushi / Japanese Restaurant / Delivery Restaurant

    Property Details for 1406 Cortelyou Rd

    Year built
    1930
    Lot size
    0.05 lot acres
    Property size
    3,708 SF
    Zone code
    R6A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05157-0003
    APU
    51570003

    Description

    This exceptional 1700-square-foot retail space is ideally situated on Cortelyou Road in the heart of Ditmas Park, Kings County. Boasting immediate possession, this turnkey restaurant space offers a fantastic opportunity for a variety of businesses. The property features gas and ventilation already in place, eliminating significant upfront costs and allowing for a quick start. Located between Rugby and Marlborough Roads, the space benefits from exceptional foot traffic in a densely populated residential area. Surrounded by a vibrant mix of established businesses, including Honey Nail Salon, Tribeca Pediatrics, IVY Rehab, Dunkin' Donuts, Walgreens, P.S. 139, Cafe Madeline, Brooklyn Public Library, Lea, Sycamore Bar, Mimi’s Hummus, San Remo Pizzeria, Flatbush Food Market, Manchego, and Purple Yam, this location ensures high visibility and strong potential for customer engagement. The convenient location also offers easy access to the L train, further enhancing its appeal. All uses will be considered, making this a versatile option for entrepreneurs seeking a thriving retail environment. The space is ready for immediate occupancy, presenting a unique opportunity to establish a successful business in a highly desirable neighborhood. Contact us today to learn more about this exceptional retail space and discuss your business needs.

    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
    -73.965
    Latitude
    40.6407
    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
    $9,232
    $16,740
    $91,260
    $108,000
    -
    $279,000
    $1,521,000
    $1,800,000

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    1406 Cortelyou Rd
    Brooklyn, NY 11226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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