99 Varet St, Brooklyn, NY 11206
This exceptional retail property, located at 99 Varet Street in Kings County, presents a unique investment opportunity. The building, constructed in 1990 and extensively renovated in 2022, boasts a single-tenant occupancy and a total area of 1,650 square feet. Situated on the first level, this prime retail space benefits from its location between two bustling avenues in a densely populated area, ensuring high visibility and foot traffic. The building itself is a four-story structure, offering potential for future expansion or vertical integration, subject to local zoning regulations. The recent renovation ensures the space is modern and ready for immediate occupancy, minimizing upfront capital expenditures for the new tenant. The property's strategic location and modern amenities make it an ideal space for a variety of retail businesses seeking a high-traffic, high-visibility location. The single-tenant occupancy provides a stable income stream and simplifies management. This is a rare opportunity to acquire a well-maintained, newly renovated retail space in a thriving commercial area. Further details regarding lease terms and financial information are available upon request. The cross street is Graham Avenue.
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Elegance on Varet Hotel & Motel Resort
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Extravagant Events and Suites Hotel & Motel Resort
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MomsCleaningNYC Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.