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258 7th Ave Brooklyn, NY 11215-3611

OFF-MARKET Investment properties Google Maps
2,911 SF 0.04 ac lot Built 1925
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$390k
Range $351k – $429k (±10%)
Property ID US63-3321359

Property summary

AI-generated overview

This exceptional 800-square-foot restaurant space is available for lease at 258 7th Avenue in the vibrant Brooklyn neighborhood of New York. Located in Kings County, this single-tenant property presents a fantastic opportunity for established restaurateurs or ambitious entrepreneurs seeking a well-situated location. The property boasts a total building area of 800 square feet, offering ample space for a comfortable dining area, a fully equipped kitchen, and potentially additional storage or office space. The precise layout and existing equipment are to be determined upon inspection. The address, 258 7th Avenue, places this property within easy reach of a diverse clientele and benefits from excellent visibility and foot traffic. The property is classified as a restaurant and is offered as a single-tenant lease. This presents a unique opportunity to establish or expand a culinary business in a thriving Brooklyn community. Interested parties are encouraged to schedule a viewing to assess the property's suitability for their specific needs and vision. The property's location in zip code 11215 provides access to a rich tapestry of local businesses and residential areas, ensuring a steady stream of potential customers. Further details regarding lease terms and conditions are available upon request. This is a turnkey opportunity for the right business. The property is ready for immediate occupancy.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 2,911 SF
Lot 0.04 ac (1,623 SF)
Zoning code R6A
APN 00989-0043
UPID US63-3321359

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

Zoning & alternative use

R6A · Brooklyn, NY

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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