7110 13Th AveBrooklyn, NY 11228

  • Investment properties
  • 2,650 SF
For Lease
$46.91/SF/YR View listing

Property Details for 7110 13Th Ave

Year built
1931
Lot size
0.05 AC
Property size (Sq ft)
2,650 SF
Zone code
R6B
Property type
Investment properties
Property subtype
Live-work space
APN
06177-0042
APU
61770042

Description

This exceptional 1,100 square foot commercial property, located at 7110 13th Avenue in the vibrant Dyker Heights neighborhood of Brooklyn, New York, presents a unique opportunity for a single-tenant business. Situated on a 2,000 square foot lot, this two-story building offers versatile space ideal for a variety of uses, including retail, office, or educational settings such as an after-school program or tutoring center. The building features an 8-10 foot ceiling height, providing ample space and a comfortable atmosphere. The property is conveniently located in Kings County (Brooklyn), New York, with the zip code 11228. Utilities are included, with heat and water covered in the rental cost. This single-suite building offers a fantastic opportunity to establish a thriving business in a bustling and desirable area, surrounded by a mix of residential and commercial properties. The property's location within Dyker Heights ensures high visibility and accessibility for customers and clients. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Brooklyn neighborhood. Don't miss out on this chance to establish your business in this prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $438,124
    6.5%
    $404,422
    7%
    $375,535
  • Comparable approach

    Method
    Valuation
    Relative Method
    $346,249
    Geo Method
    $346,249
  • Alternative Use

    Use
    Valuation
    Residential
    $501,484
    Hospitality
    $459,356
    Educational
    $382,179
    Medical
    $395,323
    Retail
    $594,501

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6225
Longitude
-74.0056
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
$9,031
$16,080
$62,520
$78,600
-
$268,000
$1,042,000
$1,310,000

FAQs

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