2261 Bragg St Brooklyn, NY 11229
This exceptional property at 2261 Bragg Street in Brooklyn, New York, presents a unique investment opportunity. The 14,000 square foot building, situated on an 8,000 square foot lot, is currently vacant and available for purchase. Built in 1953, this two-story structure boasts 10,800 square feet of net rentable space, previously used as a synagogue. The building's address is 2261 Bragg Street, Brooklyn, NY 11229, within Kings County. Its location is specified by coordinates 40.5974038 latitude and -73.9352014 longitude. The property is zoned R5, offering flexibility for various uses subject to local regulations. The sale is structured to facilitate a 1031 exchange, making it an attractive option for investors seeking tax-deferred transactions. This fully renovated facility presents a blank canvas for adaptive reuse, catering to a range of potential buyers. The building's size and location in Brooklyn offer significant potential for future development or immediate occupancy. Serious inquiries are encouraged to explore the possibilities of this prime real estate asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.