This exceptional 720-square-foot retail property, situated on a 0.05-acre lot (4,100+ square feet), presents a compelling investment opportunity in the vibrant Cypress Hills neighborhood of Brooklyn, NY. Located on bustling Jamaica Avenue, this M1-1 zoned building boasts excellent visibility and signage, ensuring high traffic exposure. The property features impressive 9-foot ceilings, a convenient roll-up door, ample parking (16 spaces), and a fully fenced lot, enhancing security and functionality. Modern upgrades include all new LED lighting and a robust 200-amp power supply. Its prime location offers unparalleled convenience, just one block from the J train and minutes from the Jackie Robinson Parkway. The surrounding area is densely populated with established businesses, including Stop & Shop, Public Storage, various self-storage facilities, fast-food chains (Dunkin', Wendy's, McDonald's), Dollar Tree, Conoco, Duane Reade, YMCA, White Castle, and KFC, indicating strong consumer traffic and demand. Annual property taxes are $9,676.12, representing the total annual expenses. This property offers significant upside potential for both developers seeking a prime location and established businesses looking for a high-visibility space. Don't miss this chance to acquire a thriving retail property in a rapidly growing area.
Retail property - High-traffic retail building with development potential.
Where is the retail property located?
The property is located at 824 Jamaica Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,188,000.
How can I contact the broker?
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Jamaica Ave Brooklyn, NY 11208
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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824 Jamaica Ave
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