Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    742 New Jersey Ave, Brooklyn, NY 11207

    0.04 ac lot
    Property ID
    US63-4351527
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 742 New Jersey Avenue in Brooklyn, New York, presents a compelling investment opportunity. Offered at $435,000, this 0.04-acre lot features a two-family brick building. The property is being sold "as is," indicating a need for renovation and presenting a chance for significant value appreciation through improvements. The building's square footage is currently unlisted, requiring a potential buyer to conduct their own assessment. The property's address is 742 New Jersey Avenue, situated in Brooklyn, New York, zip code 11207. Its precise geographic coordinates are latitude 40.6610252 and longitude -73.8916998. Given its location in Brooklyn and the "as is" condition, this property is ideal for investors seeking a hands-on project with potential for substantial returns. The existing structure provides a solid foundation for a renovation project, allowing for customization to meet various needs, whether residential or commercial. The 0.04-acre lot size offers potential for expansion or outdoor improvements. Serious inquiries are encouraged to conduct their own due diligence and assess the property's full potential. This is a unique chance to acquire a mixed-use property in a desirable Brooklyn location at an attractive price point. The property's current condition necessitates a comprehensive assessment to determine the scope of necessary renovations and the resulting potential value increase.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.04 ac (1,742 SF)
    UPID US63-4351527
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 742 New Jersey Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message