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16 Dupont St Brooklyn, NY 11222

OFF-MARKET Retail residential properties Google Maps
464,327 SF 0.48 ac lot Built 2023
Entity Owned 3-yr Hold Free & Clear
Estimated value (blended)
$20.44M
Range $18.40M – $22.48M (±10%)
Property ID US63-4288704

Property summary

AI-generated overview

This exceptional retail property at 16 Dupont Street in Brooklyn, New York, offers a fantastic opportunity for businesses seeking a vibrant location in Kings County. The building boasts a total of 2,901 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. Two separate spaces are available, each offering a slightly different footprint. One space measures 1,447 square feet, while the other is 1,454 square feet. These spaces are ideal for a variety of retail uses, providing ample room for showcasing products and services. The property's address is 16 Dupont Street, Brooklyn, NY 11222, placing it within a dynamic and accessible neighborhood. The property is classified as a multi-tenant retail building, offering flexibility for potential tenants. The building's size and layout provide a unique opportunity for businesses looking to establish a strong presence in a thriving Brooklyn community. With its convenient location and significant square footage, this property presents a compelling investment opportunity for discerning businesses. The entire 2,901 square feet is available for lease, allowing for a single tenant to occupy the entire building or for two tenants to occupy the available spaces. This property is situated in a high-traffic area, making it an ideal location for businesses seeking maximum visibility and customer reach. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2023
Total area 464,327 SF
Lot 0.48 ac (20,890 SF)
Zoning code R8
APN 02494-0006
UPID US63-4288704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$20.44M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2021
$22.9M
2021
Price N/A

Zoning & alternative use

R8 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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