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64 Henry St Brooklyn, NY 11201-6888

OFF-MARKET Investment properties Google Maps
5,512 SF 0.03 ac lot Built 1900
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$525k
Range $473k – $578k (±10%)
Property ID US63-3137990

Property summary

AI-generated overview

This exceptional 1,500 square foot retail space at 64 Henry Street in Brooklyn, New York, presents a unique opportunity for businesses seeking a vibrant and accessible location. Situated in the heart of Brooklyn Heights, this single-tenant property boasts a prime position among historic brownstones and tree-lined streets, ensuring high visibility and foot traffic. The space features an open floor plan with ample natural light streaming in through large storefront windows, creating an inviting atmosphere for customers. With a total building size of 6,000 square feet, this property offers significant potential. The 200-amp power supply ensures sufficient electrical capacity for most retail operations. Its convenient location near multiple subway lines and major bus routes, coupled with ample street parking, guarantees easy accessibility for both customers and employees. This property is ideally suited for a variety of retail uses, from boutique shops and cafes to creative studios, allowing businesses to thrive within a thriving community known for its artistic vibe and diverse population. The proximity to the Brooklyn Promenade and DUMBO waterfront further enhances its appeal, attracting both local residents and tourists. This is a rare chance to establish or expand a business in one of New York City's most desirable neighborhoods. The property is located in Kings County, New York, with a zip code of 11201.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 5,512 SF
Lot 0.03 ac (1,510 SF)
Zoning code R7-1
APN 00221-0028
UPID US63-3137990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.08M
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2013
3 recorded transactions
2013
$2.4M
2009
Price N/A
1969
Price N/A

Zoning & alternative use

R7-1 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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