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Property profile

531 Blake Ave Brooklyn, NY 11207

Retail properties & Spaces
Property ID
US63-3474504
View Sample
5,000 SF

Property summary

AI-generated overview

This exceptional 5,000-square-foot retail storefront at 531 Blake Avenue in Brooklyn, New York, presents a unique opportunity for businesses seeking a prominent location. Situated in Kings County, this single-tenant space boasts immediate availability and offers significant potential. Previously occupied by a supermarket, the property benefits from high visibility and ample space, making it suitable for a wide range of retail uses. All uses are considered, subject to approval. The building's layout includes a substantial basement area providing valuable storage space, a significant advantage for many retail operations. The property's corner location ensures maximum exposure to pedestrian and vehicular traffic, enhancing its marketing and sales potential. Located in the vibrant 11207 zip code, this space is ideally positioned to capitalize on the area's bustling commercial activity and strong consumer base. The asking rent is available upon request. Don't miss this chance to secure a prime retail location in a thriving Brooklyn neighborhood. Inquire today to learn more about this exceptional opportunity. The property is a single-tenant space with 5,000 square feet of vacant space.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,000 SF
UPID US63-3474504

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
  • Specialty Food Shop Supermarket
  • Courier Service Postal Service

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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