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187 Kent Ave Brooklyn, NY 11249

Retail residential properties Google Maps
137,610 SF 0.53 ac lot Built 2018
Entity Owned 3-yr Hold ~ Est. High Equity
187 Kent Ave, Brooklyn, NY 11249 For Lease
Contact for pricing
187 Kent Ave, Brooklyn, NY 11249
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Estimated value (blended)
$520k
Range $468k – $572k (±10%)
Property ID US63-0804634

Property summary

AI-generated overview

This exceptional retail property, located at 187 Kent Avenue in the vibrant Brooklyn, New York, offers a significant opportunity for businesses seeking a large-scale presence. The entire building, totaling 21,079 square feet, is currently vacant and available for lease. This presents a unique chance to customize the space to perfectly suit your specific needs and brand vision. The property is classified as a multi-tenant commercial building, providing flexibility for various business models. Conveniently situated in Kings County, with a zip code of 11249, this location benefits from excellent accessibility and high visibility. The building includes elevators, enhancing functionality and accessibility for both tenants and customers. The property's substantial size and prime location make it an ideal choice for a wide range of retail concepts, from flagship stores to expansive showrooms. This is a rare opportunity to secure a substantial retail space in a thriving Brooklyn neighborhood. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Contact us today to schedule a viewing and explore the possibilities of establishing your business at this exceptional location.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2018
Total area 137,610 SF
Lot 0.53 ac (23,218 SF)
Zoning code M12R6A
APN 02357-0001
UPID US63-0804634

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • High School Daycare Center
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Clothing & Fashion Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2018
Price N/A
2017
$42.5M
2017
Price N/A
2016
$7.2M
1969
Price N/A

Zoning & alternative use

M12R6A · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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