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Property profile & analytics
FOR SALE
Storefront properties

3818-3824 Fort Hamilton Pkwy Brooklyn, NY 11218

17,300 SF Built 1931
Property ID
US63-Q011251
Property summary
AI-generated overview

Marcus & Millichap is pleased to offer 3818-3824 Ft. Hamilton Parkway & 1071 39th Street, located on the corner of Ft. Hamilton Parkway and 39th Street in the Borough Park section of Brooklyn, New York. The subject properties, 3818-3824 Ft. Hamilton Parkway & 1071 39th Street, are five three-story mixed-use buildings that consist of five retail units, 6 two-bedroom, and 4 three bedroom apartments with approximately 17,300 combined gross square feet. The properties are zoned M1-2 (Block: 5288, Lots: 49, 50, 51, 52, 55). 3818 Ft. Hamilton Pkwy is built full to the lot, 19.31 by 89 feet on the first floor and 19.31 by 52 feet on the second and third floors. 3820 Ft. Hamilton Pkwy is built full to the lot, 17.95 by 85.50 feet on the first floor and 17.96 by 50 feet on the second and third floors. 3822 Ft. Hamilton Pkwy is built full to the lot, 18.29 by 82.50 feet on the first floor and 18.29 by 50 feet on the second and third floors. 3824 Ft. Hamilton Pkwy is built full to the lot, 21.53 by 78.50 feet on the first floor and 21.53 by 51.50 feet on the second and third floors. 1071 39th Street is built 20 by 50 feet on the first through third floors. This property offers investors the rare opportunity to purchase five gut renovated, corner mixed use buildings with over 100 feet of retail frontage and free market apartments located at a busy intersection on Fort Hamilton Parkway in the Borough Park section of Brooklyn, New York.

Property profile
Verified
Property type Storefront properties
Year built 1931
Total area 17,300 SF
UPID US63-Q011251
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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