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    OFF-MARKET
    Office Spaces

    970 41st St Ste M1, Brooklyn, NY 11219-1105

    1,085 SF
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US63-1201836
    Property summary
    AI-generated overview

    This exceptional 750-square-foot commercial condo, located at 970 41st Street S2 in Brooklyn, NY 11219, presents a lucrative investment opportunity. Situated in the vibrant Boro Park/Sunset Park neighborhood, this property boasts a prime location with high foot traffic, making it ideal for a variety of retail or restaurant uses. The condo is part of a six-story building and sits on a sizable 9,450-square-foot lot. The interior features ceiling heights ranging from 8-10 feet and 11-15 feet, offering versatile space planning options. The asking price is $475,000. Its convenient location offers easy access to public transportation, with proximity to the D train, and is also close to Maimonides Hospital, ensuring high visibility and potential customer base. The property is a single unit, offering a streamlined ownership experience. While the marketing materials mention the possibility of larger spaces (1000-3000 sq ft), this listing specifically refers to the 750 sq ft condo unit for sale. This presents a unique opportunity to acquire a well-situated commercial space in a thriving Brooklyn neighborhood. The Kings County location provides access to a diverse and densely populated area. This is a turnkey opportunity for a savvy investor seeking a strong return on investment in a high-demand area.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Total area 1,085 SF
    Zoning code R6
    APN 05590-1104
    UPID US63-1201836
    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
    Current use
    Occupant on record · Public records
    • Joanna Lis Pediatrics PC: Lis Joanna MD Pediatrician Medical Clinic
    • Joanna Barbara Lis Pediatrics PC Pediatrician Medical Clinic
    • Joana Lis Pediatrics Pediatrician Medical Clinic
    • UPS Access Point location Courier Service Postal Service
    • Manila Management Inc. Business Management Consultant
    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
    41 Street LLC · 19 yrs held
    41 Street LLC
    since 2007
    3 recorded transactions
    2007
    $405,000
    1969
    1969
    Zoning & alternative use
    R6 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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