61 Dobbin StBrooklyn, NY 11222

Property Details for 61 Dobbin St

Lot size

0.51 AC

Property size (Sq ft)

800 SF

Zone code

M1-1

Property type

Auto shops

APN

02642-0011

APU

26420011

Description

This exceptional 9,871 square foot commercial land parcel is ideally situated at the border of Williamsburg and Greenpoint in Brooklyn, New York. Located at 61 Dobbin Street, zip code 11222, this single-tenant property offers immediate occupancy, presenting a unique opportunity for various commercial ventures. Its strategic location provides easy access to the Nassau Avenue G train stop, making it highly attractive for retail businesses, pop-up shops, or traditional storage solutions. The property's configuration extends across both Dobbin and Banker Streets, ensuring convenient access, maneuverability, and efficient egress for both deliveries and customer traffic. Kings County's vibrant commercial landscape and the ongoing northward expansion from the Bedford area further enhance the investment potential of this remarkable site. This is a rare chance to acquire a sizable, readily available commercial land parcel in one of Brooklyn's most dynamic and sought-after neighborhoods. The property is classified as commercial land with a single tenancy.

• CAP approach

  CAP return

  Valuation

  6%

  $194,428

  6.5%

  $179,472

  7%

  $166,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $263,411

  Geo Method

  $263,411

• Alternative Use

  Use

  Valuation

  Residential

  $151,391

  Hospitality

  $138,674

  Educational

  $115,375

  Medical

  $119,343

  Retail

  $179,472

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7241

Longitude

-73.9544

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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