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    949 Remsen Ave Brooklyn, NY 11236

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    949 Remsen Ave Brooklyn, NY 11236


    • Retail residential properties
    • 2,440 SF
    • 0.05 lot acres
    Brooklyn Retail/Warehouse Opportunity For Sale
    $1,500,000
    2,240 SF

    Brooklyn Retail/Warehouse Opportunity

    East Flatbush retail/warehouse space for sale near transportation.

    949 Remsen Ave, Brooklyn, NY 11236
    View Listing
    Property ID
    US63-0097221
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TEA2 / Restaurant / Cafe & Coffee Shop
    • Brooklyn Embroidery™ & Printing / Production Facility / Textile Manufacturer

    Property Details for 949 Remsen Ave

    Year built
    1931
    Lot size
    0.05 lot acres
    Property size
    2,440 SF
    Zone code
    M1-1
    Property type
    Retail residential properties
    APN
    08124-0024
    APU
    81240024

    Description

    This 2,400-square-foot vacant warehouse in Brooklyn, NY, presents a compelling investment opportunity. Located at 949 Remsen Ave, in the East Flatbush neighborhood, this property is zoned M1-1 and offers significant potential. The building, a two-story brick structure with dimensions of 20 x 75 feet, features 14-foot ceilings and a substantial 2,240 square feet of ground floor industrial space. A second-floor office space provides added functionality, complete with a bathroom and kitchen. The property also includes a rear lot, enhancing its versatility. Conveniently situated near the Belt Parkway, this location offers easy access to major transportation routes. Public transportation is readily available, with proximity to the L train at Canarsie-Rockaway Parkway and several bus lines (B17, B60, & B8). The area boasts a strong retail presence, with nearby businesses including Dunkin', Planet Fitness, and numerous other national chains. This property is delivered vacant and ready for immediate occupancy. Its prime location and versatile layout make it an ideal investment for a variety of industrial uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,028,000
      Market price range: $628k - $1.03M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $825,000
      Current use
      OFFICE BUILDING
      $1,345,000
      Change: +62% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,225,000
      Change: +48% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9113
    Latitude
    40.6455
    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
    $19,580
    $49,500
    $144,450
    $193,950
    -
    $110,000
    $321,000
    $431,000
    View Listing
    More about this property
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