Property profile

1926 Bath Ave Brooklyn, NY 11214

FOR SALE
Retail residential properties
Property ID
US63-0931114
4,020 SF 0.1 ac lot Built 1905
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 900-square-foot restaurant space, located at 1926 Bath Avenue in Brooklyn, New York (zip code 11214), presents a fantastic investment opportunity. Situated on a 2,000-square-foot lot in Kings County, this single-unit retail property boasts 8-10 foot ceilings, providing ample space for both kitchen operations and customer seating. The property's commercial zoning allows for a variety of uses, making it ideal for established restaurateurs or aspiring entrepreneurs seeking a turnkey operation in a thriving neighborhood. The asking price is $60,000, representing a compelling entry point into the Brooklyn food scene. Its location within a busy area ensures high visibility and foot traffic, contributing to significant potential for revenue generation. The property's size and layout offer flexibility for customization and adaptation to suit specific culinary concepts. This is a rare chance to acquire a well-positioned commercial property in a dynamic and densely populated area of Brooklyn. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is conveniently located at the coordinates 40.6019985 latitude and -74.0031351 longitude.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1905
Total area 4,020 SF
Lot 0.1 ac (4,400 SF)
Zoning code R5
APN 06440-0028
UPID US63-0931114

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
  • Law Firm
  • Nursing Home Social Service Agency
  • Restaurant

Location

1926 Bath Ave Brooklyn, NY 11214
Brooklyn metro Census 28200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$425k

Owner & transaction history

since 2012
5 recorded transactions
2012
$1.7M
2010
$10,000
2007
$1.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R5 · 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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