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Property profile & analytics

537 Central Ave Brooklyn, NY 11207-1292

  • Investment properties
  • 4,103 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$1,295,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0805513
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.

Current Use by Public Records

  • Light Studio NYC / (Bike/Boat/Book/etc) Store / Photography Service
  • EnVisions Photography / Photography Service / (Bike/Boat/Book/etc) Store
  • Gab Business / Garden Center / Landscaping
  • Anabelk's Beauty Salon & Barber Shop / Hair Salon / Nail Salon

Property Details for 537 Central Ave

Year built
1906
Lot size
0.05 lot acres
Property size
4,103 SF
Zone code
R6
Property type
Investment properties
Property subtype
Live-work space
APN
03404-0005
APU
34040005

Description

This exceptional 3,300-square-foot retail storefront is ideally situated at 537 Central Avenue in the vibrant Bushwick neighborhood of Brooklyn, New York. The property boasts a single-tenant occupancy with 400 square feet currently vacant, offering immediate opportunity for expansion or lease to a new tenant. The lot size is 2,000 square feet, providing ample space for outdoor displays or seating, if zoning permits. The property is zoned R6, and is located in Kings County, New York, with a zip code of 11207. Its strategic location between Weirfield Street and Halsey Street ensures high visibility and foot traffic. The property benefits from excellent public transportation access, with the J train at Halsey Street and the L train at Wilson Avenue within easy reach. Numerous bus lines, including the B20, B26, and B60, also serve the area. The surrounding area is bustling with a diverse range of businesses, including Jefferson Hardware & More, Eden Juice & Smoothie Bar, Money Cat Vietnamese American restaurant, Glow Up Body Treatment and Sculpting, We Talk BKLYN LLC, D & J Wines and Liquors, Ilegal Taqueria, and Smooth Kitty Bodyworks, creating a vibrant and thriving commercial environment. This property presents a unique opportunity for a business seeking a high-traffic location in a rapidly growing neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,803,000
    Market price range: $848k - $1.80M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,190,000
    Current use
    WAREHOUSE, STORAGE
    $2,055,000
    Change: +73% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9112
Latitude
40.6904
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
$14,207
$79,200
$277,740
$356,940
-
$176,000
$617,200
$793,200
More about this property
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