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    OFF-MARKET
    Drive through restaurants

    380 Troutman St, Brooklyn, NY 11237-2614

    2,400 SF 0.06 ac lot Built 1910
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-4043481
    Property summary
    AI-generated overview

    This exceptional 2,500-square-foot retail space at 380 Troutman Street in Brooklyn's vibrant Bushwick neighborhood presents a unique investment opportunity. Built in 2019 and renovated the same year, this Class A property boasts a single-tenant occupancy and is situated on a 2,500-square-foot lot. The building features a single story and offers 600 AMPS of power. While elevators are not present, the property's convenient location and modern construction more than compensate. Its M1-1 zoning makes it ideally suited for a variety of uses, including restaurants, clubs, and lounges, aligning perfectly with the area's thriving nightlife and culinary scene. Located just one block from the L train's Jefferson stop, this property enjoys unparalleled accessibility. The "white box" interior provides a blank canvas for customization, allowing for complete creative control in designing the perfect space. Surrounded by a vibrant mix of established businesses and new ventures, this property is positioned for immediate success within a dynamic and rapidly growing community in Kings County. This is a rare chance to acquire a high-quality retail space in one of Brooklyn's most sought-after submarkets.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1910
    Total area 2,400 SF
    Lot 0.06 ac (2,500 SF)
    Zoning code M1-1
    APN 03188-0027
    UPID US63-4043481
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    380 Troutman Street LLC · 1 yrs held
    380 Troutman Street LLC
    since 2024
    7 recorded transactions
    2024
    2020
    $950,000
    2013
    2012
    $425,000
    2007
    $350,000
    2005
    $240,000
    2004
    $90,500
    Zoning & alternative use
    M1-1 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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