3063 Brighton 8Th StBrooklyn, NY 11235

  • Office buildings
  • 7,666 SF
For Sale
$65,000 View listing

Property Details for 3063 Brighton 8Th St

Year built
2006
Lot size
0.03 AC
Property size (Sq ft)
7,666 SF
Zone code
R6
Property type
Office buildings
APN
08678-0010
APU
86780010

Description

This 1,200 square foot retail space, located at 3063 Brighton 8th Street, 4th Floor in Brooklyn, NY 11235, presents a unique investment opportunity. Priced at $60,000, this turnkey business is situated in a vibrant location just minutes from Brighton Beach. The property boasts a bright and spacious layout with windows on two sides and a private balcony within an elevator building. The 1,375 square foot lot houses a fully equipped salon, including four manicure tables, two pedicure stations, a massage table, and ample seating for hairdressers. Currently, seven hairdressers and manicure/pedicure specialists rent chairs, generating established income. The sale includes all existing equipment and furnishings. This is an exceptional chance to acquire a profitable, established business in a high-traffic area, ready for immediate operation. The ceiling height is noted as "Other" in the property records. This property is a single unit commercial space. The property is located in Kings County (Brooklyn), New York. This is a rare opportunity to own a well-established business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,267,419
    6.5%
    $1,169,925
    7%
    $1,086,359
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,001,640
    Geo Method
    $1,001,640
  • Alternative Use

    Use
    Valuation
    Residential
    $1,450,707
    Hospitality
    $1,328,840
    Educational
    $1,105,579
    Medical
    $1,143,602
    Retail
    $1,719,790

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.5783
Longitude
-73.9604
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,974
$71,550
$681,300
$752,850
-
$159,000
$1,514,000
$1,673,000

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