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Property profile

2261 Bragg St Brooklyn, NY 11229

OFF-MARKET
Specialty properties
Property ID
US63-2349931
14,000 SF Built 1953
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 1953
Total area 14,000 SF
UPID US63-2349931

Cap rate & NOI

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

Location

2261 Bragg St Brooklyn, NY 11229
Brooklyn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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