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    536 39Th St Brooklyn, NY 11232
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    Property profile & analytics

    536 39Th St Brooklyn, NY 11232


    • Motels
    • 6,709 SF
    • 0.06 lot acres
    Brooklyn Motel in Sunset Park For Sale
    $4,500,000
    6,709 SF

    Brooklyn Motel in Sunset Park

    Five-story motel with 16 suites in bustling Brooklyn location.

    536 39th St, Brooklyn, NY 11232
    View Listing
    Property ID
    US63-6279933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Vue Express @ 39th Street / Hotel & Motel / Bed & Breakfast

    Property Details for 536 39Th St

    Year built
    2009
    Lot size
    0.06 lot acres
    Property size
    6,709 SF
    Zone code
    M1-2
    Property type
    Motels
    APN
    00913-0019
    APU
    9130019

    Description

    This exceptional five-story commercial building, constructed in 2012, presents a compelling investment opportunity in Brooklyn's vibrant Sunset Park neighborhood. Currently operating as a 16-room motel, the property boasts 6,709 square feet on a 2,504 square foot lot. The building features a convenient on-site parking lot, catering to the needs of its guests. An elevator efficiently services all five floors, enhancing guest convenience. The cellar connects directly to the reception area, providing a seamless flow for operations. Its strategic location offers easy access to essential amenities, including supermarkets, restaurants, pharmacies, and banks. The proximity to the 5th Avenue Commercial District further enhances its appeal. Public transportation is readily available, with the D train and B35, B63, and B70 bus routes nearby. This property represents a blend of established income generation and significant potential for future appreciation, situated in a high-demand area experiencing robust growth. The asking price is $4,380,000. This is a rare chance to acquire a well-established hospitality business in a thriving Brooklyn location.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.0032
    Latitude
    40.6505
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,929
    $84,600
    $844,200
    $928,800
    -
    $188,000
    $1,876,000
    $2,064,000
    View Listing
    More about this property
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