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Property profile & analytics

552 Howard Ave Brooklyn, NY 11233-6780

  • Investment properties
  • 1,530 SF
  • 0.02 lot acres
OFF-MARKET
Last Sale
Jun 06, 2024
$3,775,000
Value Estimations
$3,775,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1874808
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

  • Investment properties

Property Details for 552 Howard Ave

Year built
1921
Lot size
0.02 lot acres
Property size
1,530 SF
Zone code
R6A
Property type
Investment properties
Property subtype
Live-work space
APN
01475-0060
APU
14750060

Description

This 700 square foot ground floor retail space at 552 Howard Avenue in Crown Heights, Brooklyn, is a fantastic opportunity for a variety of businesses. Located between Eastern Parkway and Pitkin Avenue, this "vanilla box" space boasts 11 feet of frontage and 10-foot high ceilings, offering excellent visibility and ample room for customization. The property includes a full basement, adding significant storage potential. The space is in new condition and features a bathroom, HVAC system, a prep sink, and venting capabilities are possible. For tenants signing a lease before January 15th, the landlord is offering a substantial tenant improvement (TI) allowance and concession package to assist with build-out. All uses will be considered, making this an ideal location for a salon, deli, or other retail establishment. The property is situated in the vibrant Crown Heights submarket of Kings County, New York, with easy access to major transportation routes. This turnkey space presents a rare opportunity to establish a thriving business in a prime Brooklyn location with significant landlord support. The zip code is 11233.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,775,000
    ML approach
    $3,775,000

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


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9204
Latitude
40.6688
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
$5,301
$7,680
$28,080
$35,760
-
$128,000
$468,000
$596,000
More about this property
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