81 Beaver StBrooklyn, NY 11206

Property Details for 81 Beaver St

Year built

1931

Lot size

0.24 AC

Property size (Sq ft)

43,000 SF

Zone code

M1-1

Property type

Apartment buildings

APN

03135-0027

APU

31350027

Description

This exceptional retail property, located at 81 Beaver Street in Brooklyn, NY, 11206, offers a unique opportunity for multiple businesses. The building boasts a total of 22,252 square feet, currently entirely vacant, and is divisible into spaces ranging from a minimum of 1,281 square feet to a maximum contiguous space of 8,166 square feet. A total of eight individual suites are available, providing flexibility for various retail concepts. The property's address is strategically situated in Kings County, offering excellent visibility and accessibility for customers. This presents a rare chance to establish a presence in a vibrant Brooklyn neighborhood. The building's size and layout are ideal for a variety of retail uses, from smaller boutiques to larger flagship stores, or a combination thereof. The completely vacant space allows for complete customization to suit the needs of prospective tenants. This is an exceptional opportunity to secure a prominent retail location in a thriving area of Brooklyn. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers.

• CAP approach

  CAP return

  Valuation

  6%

  $8,815,389

  6.5%

  $8,137,282

  7%

  $7,556,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,708,489

  Geo Method

  $8,708,489

• Alternative Use

  Use

  Valuation

  Residential

  $8,137,282

  Hospitality

  $7,453,706

  Educational

  $6,201,396

  Medical

  $6,414,672

  Retail

  $9,646,616

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6994

Longitude

-73.9366

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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