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    Property profile & analytics

    346 Central Ave Brooklyn, NY 11221-4542

    • Investment properties
    • 9,000 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US63-0008279
    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.

    Current Use by Public Records

    • La Cana Food Corporation / Grocery Store
    • 99¢ / Dollar Store / Store
    • CTown Supermarkets / Grocery Store / Supermarket

    Property Details for 346 Central Ave

    Year built
    1900
    Lot size
    0.11 lot acres
    Property size
    9,000 SF
    Zone code
    R6
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    03314-0046
    APU
    33140046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $530,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $535,000
      Mixed-Use
      $490,000
      Hospitality
      $590,000
      Educational
      $585,000
      Residential Income
      $500,000
      Energy
      $565,000
      Income-Based Land
      $435,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9199
    Latitude
    40.6948
    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
    $45,023
    $101,250
    $337,050
    $438,300
    -
    $225,000
    $749,000
    $974,000

    Comparable in this City

    • Value Estimation by Request
      15,989 SF

      1467 Broadway

      STORE/OFFICE (MIXED USE) • 15,989 SF
      1467 Broadway, Brooklyn, NY 11221
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    • Value Estimation
      $275,000
      940 SF

      1307-1309 Myrtle Ave

      STORE/OFFICE (MIXED USE) • 940 SF
      1307-1309 Myrtle Ave, Brooklyn, NY 11221
      View Details
    • Value Estimation
      $460,000
      8,000 SF

      882-884 Dekalb Ave

      STORE/OFFICE (MIXED USE) • 8,000 SF
      882-884 Dekalb Ave, Brooklyn, NY 11221
      View Details
    • Value Estimation
      $415,000
      3,500 SF

      894 Quincy St

      STORE/OFFICE (MIXED USE) • 3,500 SF
      894 Quincy St, Brooklyn, NY 11221-3606
      View Details
    • Value Estimation by Request
      2,840 SF

      1272 Broadway

      STORE/OFFICE (MIXED USE) • 2,840 SF
      1272 Broadway, Brooklyn, NY 11221-2909
      View Details
    • Value Estimation by Request
      1,825 SF

      1346 Broadway

      STORE/OFFICE (MIXED USE) • 1,825 SF
      1346 Broadway, Brooklyn, NY 11221-3616
      View Details

    Similar Nearby for Sale

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    • $1,790,000
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      Brooklyn Mixed-Use Investment Opportunity

      Mixed-use property in Bushwick with storefronts and residential units.
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      Bushwick Mixed-Use Building with Vacant Space

      Mixed-use building with vacant commercial space in prime Bushwick.
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      Brooklyn Mixed-Use Investment Opportunity

      Mixed-use building in prime location with high investment potential.
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    Similar Nearby for Lease

    • $5,500 /Mo
      2,500 SF

      Bushwick Mixed-Use Space Available

      Commercial space with full basement in Brooklyn's Bushwick neighborhood.
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      View Details
    • $6,500 /Mo
      2,300 SF

      Brooklyn Retail/Office Space Available

      2,300 sqft retail/office space in high-traffic Brooklyn location.
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      View Details
    • $360 /Mo
      3,200 SF

      Bushwick Retail Space Available

      Prime Bushwick location, 3100 sq ft retail space.
      1065 Broadway, Brooklyn, NY 11221
      View Details
    • Contact for pricing
      600 SF

      Retail or Office Space Available

      600 sq ft retail/office space for lease in Brooklyn.
      217 Marcus Garvey Blvd, Brooklyn, NY 11221
      View Details
    • $4,000 /Mo

      Brooklyn Apartment for Rent

      Apartment for rent in Brooklyn, NY, priced at $4000.
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    • $4,000 /Mo
      2,000 SF

      Prime Retail Space in Bushwick

      2,000 SF retail space with storage in high-traffic area.
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      View Details
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    346 Central Ave
    Brooklyn, NY 11221-4542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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