For Sale
$1,900,000

1115 Broadway Brooklyn, NY 11221

High-Visibility Corner Store, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2,250 square foot retail property at 1115 Broadway in Brooklyn, NY 11221, presents a unique investment and redevelopment opportunity. The vacant, single-story building, constructed in 1931, boasts two storefronts and recently renovated interiors. Its prime corner location offers high visibility and significant foot traffic. The property is zoned R6, C2-3, allowing for diverse development possibilities. With a lot size of 2,250 square feet and substantial air rights (3,128 square feet), this site is ideal for expansion or adaptive reuse. The asking price is $1,900,000, translating to $844.44 per square foot. Conveniently located near the J, M, and Z subway lines, this property offers unparalleled access to public transportation. This is a rare chance to acquire a well-positioned commercial property in a thriving Brooklyn neighborhood. The property's existing infrastructure and zoning flexibility make it an attractive proposition for both seasoned investors and developers seeking a high-return investment. Don't miss this chance to capitalize on this exceptional opportunity.

Highlights

  • High-visibility corner commercial property ideal for investors or developers.
  • Two storefronts totaling 2,250 square feet.
  • Recently renovated interiors.
  • Excellent transit access: near J, M, and Z subway lines.
  • R6, C2-3 zoning.

Property Details for 1115 Broadway

Property type
Retail properties, Retail space
Square Feet
2,250 SF
Year Built
1931
Buildings
1
Stories
1
Units
1

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6941267
Longitude
-73.9296406

FAQs

What type of property is this?
Retail property - High-Visibility Corner Store, Redevelopment Potential
Where is the retail property located?
The property is located at 1115 Broadway Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High-visibility corner commercial property ideal for investors or developers.; Two storefronts totaling 2,250 square feet.; Recently renovated interiors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1115 Broadway
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