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Property profile & analytics

57 Lafayette Ave Brooklyn, NY 11217-1537

  • Investment properties
  • 3,600 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$1,790,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2391918
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 57 Lafayette Ave

Year built
1930
Lot size
0.05 lot acres
Property size
3,600 SF
Zone code
R7A
Property type
Investment properties
Property subtype
Live-work space
APN
02098-0091
APU
20980091

Description

This exceptional retail opportunity presents a unique 1 square foot commercial space located at 57 Lafayette Avenue in Kings County. The property is a single-tenant space, ideal for a small business seeking a high-visibility location. Given its size, this listing is particularly suited for businesses with a minimal physical footprint, such as a pop-up shop, kiosk, or a business primarily operating online with a small physical presence for pick-up or client meetings. The property's exact configuration and potential uses will depend on the specific needs of the tenant and any necessary approvals. The building's total square footage is 1 square foot, with 1 square foot currently vacant and available for lease. This presents a rare chance to secure a location in a potentially high-traffic area of Kings County. Further details regarding lease terms, utilities, and potential build-out options are available upon request. Interested parties are encouraged to schedule a viewing to assess the suitability of this unique space for their business needs. The property is categorized as retail commercial real estate and offers a single tenancy. Prospective tenants should be prepared to provide detailed information regarding their business plan and intended use of the space. This listing is presented as-is.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,180,000
    6.5%
    $2,010,000
    7%
    $1,865,000
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $2,860,000
    RETAIL STORES
    $2,770,000

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


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9762
Latitude
40.6873
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
$11,517
$130,050
$809,100
$939,150
-
$289,000
$1,798,000
$2,087,000
More about this property
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