536 39Th St, Brooklyn, NY 11232
For Sale
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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.
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The Vue Express @ 39th Street Hotel & Motel Bed & Breakfast
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-2 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.