Property profile & analytics
223 Kent Ave Brooklyn, NY 11249
- Apartment buildings
- 3,435 SF
- 0.06 lot acres
OFF-MARKET
Last Sale
Sep 06, 2022
Sep 06, 2022
Value Estimations
$1,660,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-5896880
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.
Current Use by Public Records
- Apartment buildings
Property Details for 223 Kent Ave
- Year built
- 1910
- Lot size
- 0.06 lot acres
- Property size
- 3,435 SF
- Zone code
- M12R6A
- Property type
- Apartment buildings
- APN
- 02378-0008
- APU
- 23780008
Description
This exceptional retail opportunity is located at 223 Kent Avenue in the vibrant North Williamsburg neighborhood of Brooklyn, New York. The property boasts a total of 3,435 square feet, with 800 square feet currently available for lease. This street retail space is situated in a prime location at the southeast corner of North 1st and Kent Avenue, offering unparalleled visibility and accessibility. Its proximity to the waterfront and Domino Park ensures high foot traffic and a desirable location for businesses. The property is zoned M1-2/R6A, allowing for a variety of retail uses. Convenient public transportation is readily available, with the L train at Bedford Avenue and several bus lines (Q59, B32, & B62) within easy reach. The area is densely populated with a thriving retail scene, boasting a diverse range of established businesses including Trader Joe's, Nike Well Collective, Faherty, Shake Shack, Chipotle, Whole Foods Market, Awoke Vintage Brooklyn, Double RL Men's, Grind House, Warby Parker, The UPS Store, Sweetwater, Apple, Citizens, Equinox, Bacãon, Antoinette, Wonder, Orangetheory Fitness, Old Man Hustle Bar, and Two Hands, among many others. This high-traffic location and established retail environment present a unique opportunity for a business seeking significant exposure and a strong customer base in a rapidly growing area of Brooklyn. The property is located in Kings County, New York, with a zip code of 11249.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,750,000
- 6.5%
- $1,615,000
- 7%
- $1,500,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9651
- Latitude
- 40.7168
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,686
$142,200
$862,650
$1,004,850
-
$316,000
$1,917,000
$2,233,000
