6314 Bay PkwyBrooklyn, NY 11204

Property Details for 6314 Bay Pkwy

Year built

1931

Lot size

0.05 AC

Property size (Sq ft)

2,000 SF

Zone code

R6A

Property type

Investment properties

Property subtype

Live-work space

APN

05543-0043

APU

55430043

Description

This exceptional 1,300 square foot retail space is available for lease at 6314 Bay Parkway, situated in the bustling Bensonhurst section of Brooklyn, Kings County. The property offers a single-tenant occupancy within a building totaling 1,300 square feet. Its prime location on Bay Parkway ensures high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. The storefront boasts excellent exposure, providing ample opportunity to attract customers. The space is ready for immediate occupancy and presents a unique chance for entrepreneurs to establish or expand their business in a thriving commercial area. This property is perfect for a business seeking a strong presence in a densely populated neighborhood with a high concentration of potential customers. The single-tenant setup provides flexibility and control over the space, allowing for customization to meet specific business needs. The 1,300 square feet offer ample room for inventory, display, and customer interaction. This is a rare opportunity to secure a well-positioned retail space in a highly desirable Brooklyn location. Don't miss out on this chance to establish your business in a vibrant and growing community. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $330,660

  6.5%

  $305,224

  7%

  $283,423

• Comparable approach

  Method

  Valuation

  Relative Method

  $261,320

  Geo Method

  $261,320

• Alternative Use

  Use

  Valuation

  Residential

  $378,478

  Hospitality

  $346,684

  Educational

  $288,437

  Medical

  $298,357

  Retail

  $448,680

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6149

Longitude

-73.9808

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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