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Property profile & analytics
OFF-MARKET Estimated value $1,610,000
Office buildings

4306 3rd Ave Brooklyn, NY 11232-6508

5,880 SF 0.03 ac lot Built 1928
Entity Owned 16-yr Hold Free & Clear
Property ID
US63-6161365
Property summary
AI-generated overview

This exceptional 2,400-square-foot commercial duplex is ideally situated at 4306 3rd Avenue in Brooklyn, NY 11232. The property offers a unique blend of retail and office space, perfect for a variety of businesses. The ground floor encompasses 1,200 square feet of adaptable space, while a similarly sized 1,200-square-foot basement provides additional room for storage, operations, or expansion. The space boasts high ceilings, creating an airy and spacious atmosphere. A central HVAC system ensures year-round climate control, and two restrooms add convenience. Security is enhanced by an automatic gate. The basement also features high ceilings, offering versatile layout options. Further enhancing the property's appeal is the inclusion of backyard space for outdoor use. The location is highly convenient, with easy access to the R train and other transportation options. A significant bonus is the availability of advertising space on the side of the building, visible to over 100,000 vehicles daily traveling on the BQE, offering exceptional marketing potential. The property's proximity to Industry City adds to its desirability. The monthly rent is $4,800. This versatile space is suitable for creative, traditional, or executive office uses, as well as retail purposes. Contact us to learn more about this outstanding opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1928
Total area 5,880 SF
Lot 0.03 ac (1,463 SF)
Zoning code M1-2
APN 00727-0041
UPID US63-6161365
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
Current use
Occupant on record · Public records
  • Si Se Puede Women's Cooperative, We Can Do It, Inc. Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M
Owner & transaction history
Markterr INC · 16 yrs held
Markterr INC
since 2010
4 recorded transactions
2010
$1.3M
2008
Price N/A
2007
$1.7M
1969
Price N/A
Zoning & alternative use
M1-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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