1508 Bushwick Ave Brooklyn, NY 11207
- Gas stations
- 340 SF
- 0.23 lot acres
Current Use by Public Records
- Gas stations
Property Details for 1508 Bushwick Ave
- Year built
- 1986
- Lot size
- 0.23 lot acres
- Property size
- 340 SF
- Zone code
- C8-1
- Property type
- Gas stations
- APN
- 03466-0030
- APU
- 34660030
Description
This exceptional commercial property, located at 1508 Bushwick Avenue in Brooklyn, NY 11207, presents a unique investment opportunity. The site boasts a high-traffic corner location and offers flexible leasing options. Currently configured as a former gas station, the property is zoned C8-1 and encompasses approximately 10,000 square feet of land. Potential tenants can lease the existing structure, adapting it for use as a gas station or charging station. Alternatively, the existing structure can be demolished by the landlord, creating a pad site ideal for a build-to-suit development ranging from 8,000 to 10,000 square feet. This build-to-suit option allows for significant customization, catering to a wide range of retail or restaurant concepts. The property's prime location in Brooklyn, combined with its versatile configuration and build-to-suit potential, makes it an attractive proposition for businesses seeking a high-visibility presence in a thriving market. The property is suitable for single-tenant occupancy. This is a rare opportunity to secure a prominent location in a rapidly developing area of Brooklyn. The property's size and zoning provide ample flexibility for a variety of commercial uses.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $510,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $347,000
Market price range: $98.8k - $347k
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9064
- Latitude
- 40.6824
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA