666 Bushwick AveBrooklyn, NY 11221

Property Details for 666 Bushwick Ave

Year built

2019

Lot size

0.27 AC

Property size (Sq ft)

57,652 SF

Zone code

R6

Property type

Retail residential properties

APN

03194-0024

APU

31940024

Description

This exceptional Class A retail space, located at 666 Bushwick Avenue, offers 1,600 square feet of prime commercial real estate in a brand-new corner building constructed in 2022. Ideal for medical practices or related businesses, this single-tenant occupancy provides ample space for a variety of uses. The building boasts six stories and a total of 75 parking spaces, ensuring convenient access for both staff and clients. Elevators are available for easy navigation within the building. The property's end-cap location provides excellent visibility and accessibility from Myrtle Avenue, a key thoroughfare in the area. The building's modern design and construction offer a high-quality environment for any business. With its convenient location, ample parking, and modern amenities, this property presents a unique opportunity for a medical practice seeking a prominent and well-equipped space. The building's new construction ensures modern systems and efficient operation. This is a rare opportunity to secure a high-quality, single-tenant space in a desirable location. The ventilation system is also available for use.

• CAP approach

  CAP return

  Valuation

  6%

  $11,819,181

  6.5%

  $10,910,013

  7%

  $10,130,727

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,675,856

  Geo Method

  $11,675,856

• Alternative Use

  Use

  Valuation

  Residential

  $10,910,013

  Hospitality

  $9,993,514

  Educational

  $8,314,486

  Medical

  $8,600,434

  Retail

  $12,933,645

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6971

Longitude

-73.9326

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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