2342 Cropsey Ave Brooklyn, NY 11214
Property profile & analytics
2342 Cropsey Ave Brooklyn, NY 11214
- Auto shops
- 1,296 SF
- 0.31 lot acres
Property ID
US63-0987177
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.
Location Intelligence
Current Use by Public Records
- Jerry The Rubbish Man / Waste Management Facility
- Picture Perfect Plumbing And Heating / Plumbing Service / General Contractor
- Quick Stop Tire Shop / (Bike/Boat/Book/etc) Store / Auto Parts Store
- Sal-Be / Auto Repair Shop
Property Details for 2342 Cropsey Ave
- Year built
- 1960
- Lot size
- 0.31 lot acres
- Property size
- 1,296 SF
- Zone code
- R6
- Property type
- Auto shops
- APN
- 06925-0061
- APU
- 69250061
Description
This exceptional 13,500 square foot land parcel, located at 2342 Cropsey Avenue in Brooklyn, New York (zip code 11214), presents a unique investment opportunity. Currently improved with a 1,300 square foot auto service station, the property boasts significant development potential. The R-6 zoning allows for approximately 65,000 square feet of residential and ancillary community space as of right, offering substantial upside. The site features 135 feet of frontage on Cropsey Avenue and is conveniently situated near the intersection of 24th Avenue in Kings County. This location within an Opportunity Zone may unlock additional development possibilities, particularly concerning affordable housing initiatives. The existing building is fully occupied. Lease terms include a 3% step increase plus CPI every five years after the initial five-year period. This prime Brooklyn location and the substantial buildable area make this a compelling investment for developers seeking a high-return project. The property's size and zoning designation offer flexibility for a variety of development scenarios, catering to the growing demand for residential and community spaces in the area. 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
- State
- New York
- Longitude
- -73.9961
- Latitude
- 40.5946
- 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
$23,651
$156,600
$93,150
$249,750
-
$348,000
$207,000
$555,000
