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Property profile & analytics

88 S 8Th St Brooklyn, NY 11249

  • Retail space
  • 1,688 SF
  • 0.04 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-2964631
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

  • Retail space

Property Details for 88 S 8Th St

Year built
1920
Lot size
0.04 lot acres
Property size
1,688 SF
Zone code
R6
Property type
Retail space
APN
02136-0019
APU
21360019

Description

This exceptional 1,650 square foot commercial space at 88 S 8th Street in Brooklyn, New York, presents a unique opportunity for a single tenant. Located in the vibrant Williamsburg submarket of Kings County, this property boasts a highly desirable location within a thriving retail corridor. The space is currently configured as a fully built-out standard retail space, ready for immediate occupancy. Its excellent condition minimizes upfront capital expenditures, allowing businesses to focus on operations and growth. The "Creative Space" and "Flex Space" designations suggest adaptability for a variety of uses, making it suitable for a range of businesses. The property's single-tenant occupancy ensures exclusive use and control of the entire space. The address, 88 S 8th St, Brooklyn, NY 11249, places it within easy reach of a diverse customer base and ample transportation options. This turnkey retail space offers an immediate opportunity to establish a presence in one of Brooklyn's most sought-after neighborhoods. The property's classification as both retail and office space further enhances its versatility and potential for a wide range of businesses. This is an ideal location for businesses seeking a high-visibility storefront in a dynamic and densely populated area. The property is in excellent condition, minimizing the need for renovations or repairs.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.966
Latitude
40.7096
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
$12,707
$15,750
$124,650
$140,400
-
$35,000
$277,000
$312,000
More about this property
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