324 Empire Blvd Brooklyn, NY 11225-3507
Property profile & analytics
324 Empire Blvd Brooklyn, NY 11225-3507
- Investment properties
- 2,955 SF
- 0.04 lot acres
Property ID
US63-1733992
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
- African market sterling / Department Store
Property Details for 324 Empire Blvd
- Year built
- 1925
- Lot size
- 0.04 lot acres
- Property size
- 2,955 SF
- Zone code
- R7-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01315-0037
- APU
- 13150037
Description
This newly renovated 1,800 square foot retail space is located at 324 Empire Boulevard, at the crossroads of Crown Heights and Prospect Lefferts Gardens. The property boasts a desirable "vanilla box" storefront, ready for immediate occupancy. The main floor comprises approximately 1,200 square feet, featuring 60 feet of depth, providing ample space for various retail uses. A significant advantage is the inclusion of an equally sized, finished basement (1,200 sq ft), accessible directly from the main floor, offering additional storage or operational space. The property also includes a full backyard. Recent renovations include a complete overhaul of the interior, featuring central air conditioning, new lighting fixtures, two updated bathrooms, and upgraded electrical systems. The location is exceptionally convenient, situated on a busy stretch of Empire Boulevard, directly across from major establishments such as Chase Bank, the United States Postal Service, and Carvel, ensuring high visibility and foot traffic. This A-Class retail space presents a unique opportunity for businesses seeking a move-in ready location in a thriving commercial district. The single-tenant occupancy allows for complete customization and control over the space. This is an exceptional opportunity for a discerning business owner.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,165,000
- ML approach
- $1,155,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $960,000
Market price range: $637k - $1.70M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,245,000 Current use
- OFFICE BUILDING
- $1,625,000 Change: +31% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,480,000 Change: +19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9515
- Latitude
- 40.6636
- 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
$5,357
$9,960
$102,000
$111,960
-
$166,000
$1,700,000
$1,866,000
