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    1406 Cortelyou Rd Brooklyn, NY 11226
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    Property profile & analytics

    1406 Cortelyou Rd, Brooklyn, NY 11226

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    • Investment properties
    • 3,708 SF
    • 0.05 lot acres
    Turn-Key Restaurant Space Available For Lease
    $85 SF/Yr
    1,700 SF

    Turn-Key Restaurant Space Available

    Restaurant space in a high-traffic, dense residential neighborhood.

    1406 Cortelyou Rd, Brooklyn, NY 11226
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kumo Sushi / Restaurant

    Property Details for 1406 Cortelyou Rd

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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 31, 2017 — Cortelyou Road Partners LLC — Deed · related $1.1M · Investors Bank & Trust Co
    Sep 21, 2012 — 1108 Cortelyou Ptrs LLC — Grant Deed · related $1.4M · Astoria Federal S&l Assn
    Sep 30, 2008 $675,000 Cortel You Road Partners LLC Hom,bik G W & Tompkin Grant Deed · related $475k · National Bank New York City
    — — Cortelyou Road Partners LLC — Deed Of Trust · related $650k · National Bank New York City
    — — Cortelyou Road Partners LLC — Deed Of Trust · related $175k · National Bank New York City

    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 Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $994,000
      Market price range: $994k - $1.95M

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


    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
    View Listing
    More about this property
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