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Property profile & analytics
OFF-MARKET Estimated value $2,690,000
Retail space

1601 Surf Ave RCU Brooklyn, NY 11224

7,156 SF Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US63-2195169
Property summary
AI-generated overview

This newly developed retail space in Coney Island, Brooklyn offers 9,900 square feet of vacant commercial space for lease. The property is located on Surf Avenue between West 16th and West 17th Streets, providing excellent visibility and accessibility. Multiple tenancy options are available, with spaces ranging from a minimum of 1,900 square feet to a maximum contiguous space of 5,000 square feet. The building's prime location offers unparalleled access to public transportation, with the Coney Island-Stillwell Avenue station (F, D, N, & Q trains) nearby, as well as numerous bus lines (B36, B82, B74, X38, X28, B64, & B68). This vibrant location boasts a high volume of foot traffic and is surrounded by a diverse range of established businesses, including McDonald's, Mobil, Domino's Pizza, Land Rover Brooklyn, Dollar Tree, White Castle, Dunkin', Auntie Anne's, Raymour & Flanigan, The Home Depot, Cube Smart, Stop & Shop, Chipotle, U-Haul, Starbucks, AutoZone, Key Food, USPS, NY Bread Inc, the New York Aquarium, Best Buy Liquors, Totonno's, and Footprints Cafe, ensuring a strong customer base. The property is situated in Kings County, New York, with a zip code of 11224. This presents a unique opportunity for businesses seeking high-traffic retail space in a bustling and well-established commercial area. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Total area 7,156 SF
Zoning code R7X
APN 07062-1001
UPID US63-2195169
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 1601 Surf Ave Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.69M
Owner & transaction history
CONEY ISLAND PHASE 2 HOUSING DEVELOPMENT FUND CORP
CONEY ISLAND PHASE 2 HOUSING DEVELOPMENT FUND CORP
Zoning & alternative use
R7X · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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