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    OFF-MARKET
    Commercial real estate

    7616 Bay Pkwy, Brooklyn, NY 11214

    2,492 SF
    Property ID
    US63-2099721
    Property summary
    AI-generated overview

    This exceptional commercial land opportunity in Brooklyn, NY, presents a 2,492 square foot lot ideally suited for a variety of businesses. Located at 7616 Bay Parkway #1A, this ground-level space boasts high visibility and accessibility due to its prime location with significant vehicle and pedestrian traffic. The property features a spacious 3,280 square foot lot and a ceiling height ranging from 11 to 15 feet, offering ample room for development and customization. Currently configured as a childcare center, this versatile space is well-suited for a range of uses, including medical or professional offices, community centers, or other commercial ventures. The asking price is $2,385,450. The property is a single-story, one-unit condominium located in Kings County (Brooklyn), New York, zip code 11214. Its strategic location ensures maximum exposure and attracts a substantial customer base. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Brooklyn neighborhood. Don't miss out on this chance to establish your business in a high-traffic area with excellent visibility and a spacious layout.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,492 SF
    UPID US63-2099721
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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