2652 18Th StBrooklyn, NY 11235

Property Details for 2652 18Th St

Year built

2021

Lot size

0.17 AC

Property size (Sq ft)

23,374 SF

Zone code

C4-2

Property type

Retail residential properties

APN

07462-0028

APU

74620028

Description

This exceptional mixed-use retail condominium, located at 2652 East 18th Street in the vibrant Kings County neighborhood of Brooklyn, New York (zip code 11235), presents a unique investment opportunity. The property boasts 2,416 square feet of space, perfectly suited for a variety of retail ventures. A significant advantage is the inclusion of one dedicated parking space, a rare commodity in this desirable area. The building is brand new and features handicap accessibility, ensuring compliance with current regulations and broadening potential clientele. Furthermore, a substantial 15-year tax abatement is in place, offering significant financial benefits to the owner. The property is zoned C4-2, allowing for a range of commercial uses. Situated at 40.5869733 latitude and -73.9514755 longitude, this location offers excellent visibility and accessibility. The asking price for this turnkey property is $1,499,000. This represents a compelling investment opportunity in a thriving Brooklyn neighborhood. Don't miss the chance to own this exceptional mixed-use retail condo.

• CAP approach

  CAP return

  Valuation

  6%

  $4,791,882

  6.5%

  $4,423,275

  7%

  $4,107,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,733,772

  Geo Method

  $4,733,772

• Alternative Use

  Use

  Valuation

  Residential

  $4,423,275

  Hospitality

  $4,051,696

  Educational

  $3,370,964

  Medical

  $3,486,896

  Retail

  $5,243,721

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.5869

Longitude

-73.9516

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].