2280 Flatbush AveBrooklyn, NY 11234

  • Retail space
  • 1,380 SF
For Sale
$680,000 View listing

Property Details for 2280 Flatbush Ave

Year built
1931
Lot size
0.05 AC
Property size (Sq ft)
1,380 SF
Zone code
C8-1
Property type
Retail space
APN
08509-0044
APU
85090044

Description

This exceptional 1,600 square foot commercial space at 2280 Flatbush Avenue in Brooklyn, New York, presents a unique opportunity for businesses seeking a vibrant and accessible location. Situated in Kings County, this single-tenant property offers versatility, suitable for a range of uses including traditional office, creative office, or coworking spaces. The property type is classified as both retail and office, providing flexibility for various business models. Its prime location on Flatbush Avenue ensures high visibility and foot traffic, making it ideal for businesses seeking maximum exposure. The building's address is 2280 Flatbush Ave, Brooklyn, NY 11234, with coordinates 40.6142911 latitude and -73.9280614 longitude. This property is perfect for a business looking to establish a strong presence in a bustling area of Brooklyn. The building's single-tenant occupancy ensures privacy and control over the space. The area is known for its high activity and energy, offering a dynamic environment for any business. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Brooklyn neighborhood. The property's size and location make it an attractive option for businesses of various sizes and types. Serious inquiries are encouraged to explore this exciting opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $335,388
    6.5%
    $309,589
    7%
    $287,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $454,383
    Geo Method
    $454,383
  • Alternative Use

    Use
    Valuation
    Residential
    $261,150
    Hospitality
    $239,212
    Educational
    $199,022
    Medical
    $205,866
    Retail
    $309,589

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6143
Longitude
-73.9281
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
$7,769
$31,950
$41,400
$73,350
-
$71,000
$92,000
$163,000

FAQs

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