For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Bed & Breakfast
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M1-2 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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