Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2006 65 Ave Brooklyn, NY 11204
    Back to Search
    Property profile & analytics

    2006 65 Ave, Brooklyn, NY 11204

    View on Map
    • Retail properties & Spaces
    • 3,600 SF
    Off-Market
    Property ID
    US63-0836680
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2006 65 Ave

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity in Brooklyn, New York, presents a 3,600 square foot commercial space ideally suited for a variety of businesses. Located at 2006 65th Avenue, in the 11204 zip code, this property boasts a prime location with high foot traffic. The building features a single unit with a spacious 1,810 square foot lot. The interior offers a functional layout with ceiling heights ranging from 8 to 10 feet, providing ample vertical space. Currently configured as a grocery and meat market, the sale includes all existing equipment and inventory, representing a turnkey operation for a prospective buyer. The asking price for this turnkey retail space is $69,888. This is a rare chance to acquire a well-established business with all assets included, in a vibrant and densely populated area of Kings County (Brooklyn). The property's location within the bustling commercial district ensures high visibility and accessibility for customers. Don't miss this chance to own a thriving business in a prime location. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9858
    Latitude
    40.6163

    Comparable in this City

    • Value Estimation by Request
      4,072 SF

      6502 18Th Ave

      Retail properties & Spaces
      6502 18Th Ave, Brooklyn, NY 11204
      View Details
    • Value Estimation
      $600,000
      29,000 SF

      6401 18th Ave

      DEPARTMENT STORE (MULTI-STORY)
      6401 18th Ave, Brooklyn, NY 11204-3788
      View Details
    • Value Estimation by Request

      1804 Bay Ridge Ave

      Individual retail properties
      1804 Bay Ridge Ave, Brooklyn, NY 11204
      View Details
    • Value Estimation by Request

      20Th Ave

      Restaurants
      0 20Th Ave, Brooklyn, NY 11204
      View Details
    • Value Estimation by Request
      4,446 SF

      382 Avenue P

      Individual retail properties
      382 Avenue P, Brooklyn, NY 11204
      View Details
    • Value Estimation by Request
      21,807 SF

      2178 65Th St

      Individual retail properties
      2178 65Th St, Brooklyn, NY 11204
      View Details

    Similar Nearby for Sale

    • $250,000

      Turnkey Cafe & Restaurant Business

      European-style cafe and restaurant business for sale near N train.
      6321 20Th Ave, Brooklyn, NY 11204
      View Details
    • $79,999

      Established Business on 18th Avenue

      Profitable business opportunity in high-traffic Brooklyn location.
      7116 18Th Ave, Brooklyn, NY 11204
      View Details
    • Contact for pricing
      2,000 SF

      Boutique and Bubble Tea Shop

      Established boutique with bubble tea shop potential on 86th Street.
      2025 86Th St, Brooklyn, NY 11204
      View Details
    • Contact for pricing
      2,600 SF

      Profitable Commercial Building on 18th

      Lucrative commercial building with stable tenants and strong income.
      6814 18Th Ave, Brooklyn, NY 11204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,072 SF

      Brooklyn Retail Space Available

      Retail space available for rent in Brooklyn, New York.
      65-02 18Th Ave, Brooklyn, NY 11204
      View Details
    • Contact for pricing

      Prime Commercial Space Available Soon

      1,600 sq ft space in high-traffic Brooklyn location.
      6222 18Th Ave, Brooklyn, NY 11204
      View Details
    • $3,500 /Mo

      Bensonhurst Retail/Office/Restaurant Space

      Retail, office, or restaurant space with basement in Bensonhurst.
      6512 20Th Ave, Brooklyn, NY 11204
      View Details
    • Contact for pricing

      Retail/Office Space Inside Shoprite

      Vacant space inside Shoprite, potential for more space.
      1080 Mcdonald Ave, Brooklyn, NY 11204
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail and office space available in Brooklyn, approximately 600 sqft.
      5505 16Th Ave, Brooklyn, NY 11204
      View Details
    • Contact for pricing
      10,200 SF

      Brooklyn Retail Space Available

      Retail space available in Brooklyn with parking.
      5901 Bay Pkwy, Brooklyn, NY 11204
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2006 65 Ave
    Brooklyn, NY 11204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2006 65 Ave, Brooklyn, NY, 11204
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!