537 Central Ave Brooklyn, NY 11207-1292
- Investment properties
- 4,103 SF
- 0.05 lot acres
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
-
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
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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