617 78Th St Brooklyn, NY 11236
This exceptional 1,260 square foot retail space, located at 617 E 78th Street in Brooklyn, New York, presents a lucrative investment opportunity. Built in 1960, this two-story property sits on a 0.04-acre lot and offers two convenient parking spaces. The building's single retail unit is ideal for a variety of businesses. Its prime location in Kings County, zip code 11236, provides easy access to major avenues and highways, ensuring high visibility and foot traffic. While the property was previously used as a single-family home, its adaptable layout and ample space make it perfect for conversion into a thriving retail establishment. The property features updated exterior tiles, brick masonry, and an ornate fence and railing, enhancing its curb appeal. The interior offers potential for customization to suit specific retail needs. The asking price is $765,000. This is a rare opportunity to acquire a well-located, versatile retail space in a rapidly growing Brooklyn neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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