Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1508 Bushwick Ave Brooklyn, NY 11207

  • Gas stations
  • 340 SF
  • 0.23 lot acres
For Lease
Last Sale
Jul 09, 2025
Value Estimations
$430,000
Cap Rate Potential
Location Intelligence
Property ID
US63-6196137
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

  • 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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $510,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $347,000
    Market price range: $98.8k - $347k

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


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

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
$37,358
$225,000
$218,700
$443,700
-
$500,000
$486,000
$986,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message