2456 17Th StBrooklyn, NY 11235

Property Details for 2456 17Th St

Year built

1957

Lot size

0.04 AC

Property size (Sq ft)

3,870 SF

Zone code

C8-1

Property type

Investment properties

Property subtype

Retail residential properties

APN

07418-0023

APU

74180023

Description

This exceptional 4,000 square foot commercial property, located at 2456 East 17th Street in Brooklyn, New York, presents a unique opportunity for businesses seeking a versatile space. The building, zoned C8-1 in Kings County, features a blend of warehouse and traditional office space, each comprising 2,000 square feet. The warehouse boasts a convenient overhead gate and drive-in access with a curb cut, ideal for efficient loading and unloading. The high ceilings, measuring 12 feet, provide ample vertical space for storage or equipment. The building's frontage on East 17th Street measures 26 feet, offering excellent street visibility. The property is a two-story structure, with the office space situated above the warehouse. Its location between Avenue X and Avenue Y in the 11235 zip code offers easy access to public transportation, making it a highly convenient location for employees and deliveries. This property is perfect for businesses involved in shipping, mail order operations, or any enterprise requiring both warehouse and office functionality. The single-tenant occupancy ensures exclusive use of the entire space. This is a rare opportunity to acquire a well-situated and functional commercial property in a thriving Brooklyn neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $793,385

  6.5%

  $732,355

  7%

  $680,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $783,764

  Geo Method

  $783,764

• Alternative Use

  Use

  Valuation

  Residential

  $732,355

  Hospitality

  $670,834

  Educational

  $558,126

  Medical

  $577,320

  Retail

  $868,196

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.591

Longitude

-73.9533

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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