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Property profile & analytics
OFF-MARKET Estimated value $34,790,000
Retail residential properties

228 Berry St Brooklyn, NY 11249-7102

67,495 SF 0.23 ac lot Built 2022
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US63-3838249
Property summary
AI-generated overview

This exceptional retail property at 228 Berry Street in Brooklyn, New York, offers a total of 12,610 square feet of vacant space, ideally suited for multiple tenants. Located in Kings County, zip code 11249, this property presents a unique opportunity for businesses seeking high-visibility locations in a vibrant and rapidly growing area. The space is currently entirely vacant, allowing for complete customization to suit individual tenant needs. Flexible lease terms are available for spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 6,790 square feet. This allows for both smaller businesses seeking a manageable footprint and larger enterprises requiring more extensive space. The property's classification as commercial retail ensures high foot traffic and excellent visibility, making it an attractive proposition for a diverse range of businesses. The address, 228 Berry Street, provides easy access to major transportation routes and is situated within a thriving commercial district. This is an unparalleled opportunity to establish or expand a business in a prime Brooklyn location. The entire 12,610 square feet is available for lease, offering significant potential for a single large tenant or a combination of smaller businesses. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2022
Total area 67,495 SF
Lot 0.23 ac (10,071 SF)
Zoning code M12R6A
APN 02379-0024
UPID US63-3838249
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$37.70M
Comparable Approach Comparable
by Request
Blend (final) Blend
$34.79M
Owner & transaction history
Berry North LLC · 3 yrs held
Berry North LLC
since 2023
5 recorded transactions
2024
Price N/A
2023
Price N/A
2021
$13.8M
2020
Price N/A
2018
$13.2M
Zoning & alternative use
M12R6A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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