This exceptional retail opportunity presents 8,650 square feet of vacant space within a larger 39,695 square foot building located at 1633 East 16th Street in the vibrant Brooklyn, New York neighborhood. Situated in Kings County, this single-tenant space offers significant potential for a variety of retail businesses. The property's strategic location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and a strong customer base. The building itself boasts a substantial total square footage, indicating a well-established presence within the community. This lease opportunity allows for customization and adaptation to suit the specific needs of a prospective tenant. The address, 1633 East 16th Street, zip code 11229, provides easy access to major transportation routes and local amenities, further enhancing its appeal to both businesses and customers. This is a rare chance to secure a significant retail presence in a thriving Brooklyn location. The property is classified as a retail shop and is currently available for lease. The ample square footage provides flexibility for a wide range of retail concepts. Serious inquiries are encouraged to explore this exciting opportunity. The property is categorized as a single-tenant space, offering a unique and independent retail environment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,283,298
Hospitality
$3,007,484
Educational
$2,502,191
Medical
$2,588,246
Retail
$3,892,298
Location Insight
City
Brooklyn
County
Kings
State
New York
Latitude
40.61
Longitude
-73.9573
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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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.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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