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Property profile & analytics
FOR SALE
Retail space

401 Rutland Rd Brooklyn, NY 11203

1,779 SF
Property ID
US63-Q011627
Property summary
AI-generated overview

Premiere Real Estate Inc. presents the exclusive opportunity to purchase a 1,779 square-foot community facility condominium unit with two indoor parking spaces, located at 401 Rutland Road in Prospect Lefferts Gardens, Brooklyn. The unit is composed of 705 SF on the ground floor and 1,074 SF on the lower level. The unit is directly metered. The space is positioned at the base of a newly constructed (6)-story luxury condominium building designed by Karl Fischer. The corner property is situated at a highly visible intersection of Rutland Road and New York Avenue. The property features great exposure on both New York Avenue and Rutland Road. It is ideally located within a few blocks from the Kings County Hospital Center, Kingsbrook Jewish Medical Center and the NYC Health+ Hospitals/McKinney Nursing Home. The commercial unit is situated just one block off of Nostrand Avenue, a busy commercial strip in the area. Nostrand Avenue is home to numerous restaurants and stores and access to the 2-5 subway lines. Additionally, the asset is in proximity to Prospect Park and Wingate Park.

Property profile
Verified
Property type Retail space
Total area 1,779 SF
UPID US63-Q011627
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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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