1765 BroadwayBrooklyn, NY 11207

Property Details for 1765 Broadway

Year built

2010

Lot size

0.21 AC

Property size (Sq ft)

7,760 SF

Zone code

R6

Property type

Retail space

APN

03450-0009

APU

34500009

Description

This exceptional 7,760 square foot corner retail space is ideally situated at 1765 Broadway in the vibrant Bushwick neighborhood of Brooklyn, New York. Zoned R6, this single-tenant property offers 3,625 square feet of prime retail space, perfect for a variety of businesses. Its prominent corner location at the foot of the Chauncey Street subway station ensures high visibility and foot traffic. The property benefits from excellent public transportation access, with the J train at Chauncey Street, the L train at Bushwick Avenue, and the Q24 & B20 bus lines all within easy reach. This bustling location boasts a strong concentration of established businesses, including Key Food Supermarkets, Dunkin', Rite Aid, Popeyes, Dollar Junction, Little Skips East, Rainbow, Pioneer Supermarkets of Bushwick, The Daily Press, Subway, Family Dollar, All Night Skate, and Max Deals, creating a vibrant and thriving commercial environment. The property's location in Kings County, New York, with a zip code of 11207, offers unparalleled access to a dense and diverse customer base. This is a rare opportunity to secure a high-traffic retail space in one of Brooklyn's most dynamic and rapidly growing neighborhoods. The property's size and location make it an ideal investment for businesses seeking high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,885,951

  6.5%

  $1,740,878

  7%

  $1,616,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,555,082

  Geo Method

  $2,555,082

• Alternative Use

  Use

  Valuation

  Residential

  $1,468,496

  Hospitality

  $1,345,134

  Educational

  $1,119,136

  Medical

  $1,157,624

  Retail

  $1,740,878

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6828

Longitude

-73.9096

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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