1606 Canarsie Rd Brooklyn, NY 11236
- Commercial real estate
- 1 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1606 Canarsie Rd
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 1-square-foot retail space located at 1606 Canarsie Road in Brooklyn, New York, 11236, Kings County. Listed at $849,000, this property offers a unique proposition for investors seeking a high-value, compact retail presence. While the square footage is listed as 1 square foot, the provided marketing description details a 2-family home with significant potential for redevelopment or repurposing into a retail space. The property's location in the heart of Canarsie offers convenient access to the Canarsie Pier and the Belt Parkway, ensuring high visibility and accessibility. The existing structure features a 3-bedroom unit over a 2-bedroom unit, plus a finished basement accessible from both inside and outside. An enclosed backyard provides additional space. Recent improvements include a new roof (installed within the past year), a recently replaced hot water heater, and a furnace replaced approximately six years ago. While the property requires updating, this presents a chance to customize the space to meet specific retail needs. Please allow 24-48 hours' notice for showings. This is an ideal opportunity for an investor seeking a high-value, strategically located property with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8945974
- Latitude
- 40.6331784
