Property profile

478 Smith St Brooklyn, NY 11231

FOR SALE
Grocery and convenience stores
Property ID
US63-4193564
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478 Smith St, Brooklyn, NY 11231 For Sale
$59,000
478 Smith St, Brooklyn, NY 11231
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Property summary

AI-generated overview

WE ARE PROUD TO OFFER AN OPPORTUNITY TO BE A PART OF BROOKLYN’S NUMBER 1 HERO SHOP JOHNS DELI. WITH OVER 50 YEARS OF HISTORY, THIS TURN KEY BUSINESS IS FULLY STOCKED, FURNISHED AND ALREADY GENERATING TREMENDOUS REVENUE. THE NEW PRIME CARROL GARDENS LOCATION OFFERS HIGH TRAFFIC, A 15 YEAR LEASE WITH A BELOW MARKET RENT AND ACCESSIBILITY TO ALL TRANSPORTATION MAKES THIS A SURE WIN. CALL TODAY FOR A TOUR bikeScore: 93, Biker's Paradise walkScore: 92, Walker's Paradise transitScore: 93, Rider's Paradise

Property profile

Verified
Property type Grocery and convenience stores
UPID US63-4193564

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store

Location

478 Smith St Brooklyn, NY 11231
Brooklyn metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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