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    Property profile & analytics
    OFF-MARKET
    Retail space

    372 Union Ave, Brooklyn, NY 11211

    Entity Owned 4-yr Hold
    Property ID
    US63-3152857
    Property summary
    AI-generated overview

    This exceptional 600-square-foot retail space at 372 Union Avenue in Brooklyn's vibrant Williamsburg neighborhood presents a unique opportunity for discerning businesses. The property boasts a stunning new renovation, featuring a wide-open layout perfect for showcasing merchandise or creating a dynamic workspace. High ceilings, exposed brick, and new tin ceilings contribute to a stylish and modern aesthetic, complemented by abundant natural light. The space includes central air conditioning for year-round comfort. Located on a busy street with high foot traffic, this in-line retail space benefits from excellent visibility and accessibility. Its proximity to the L and G subway lines ensures convenient access for customers and employees. The property is classified as retail space, creative retail, creative space, and flex space, offering versatility for a range of businesses. This single-tenant space is situated in Kings County, New York, zip code 11211. Please note that the listed rate may not encompass all utilities, building services, and property expenses. This is a high-end, trophy space ideal for a business seeking a prominent location in a thriving area.

    Property profile
    Verified
    Property type Retail space
    UPID US63-3152857
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rhombus Union LLC · 4 yrs held
    Rhombus Union LLC
    since 2021
    2 recorded transactions
    2021
    $2.1M
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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