This exceptional 1,000-square-foot retail space is situated at 1908 Flatbush Avenue in Brooklyn, New York, within the vibrant Midwood submarket of Kings County. The property is ideally located in a high-traffic area, offering excellent visibility and accessibility for businesses. Its prime location directly across from a Starbucks and Dunkin' Donuts ensures high foot traffic and significant brand exposure. The space is suitable for a variety of retail uses, including creative retail concepts and flexible office arrangements. The building itself is a mixed-use structure, reflecting the dynamic and diverse nature of the surrounding neighborhood. This single-tenant space presents a unique opportunity for businesses seeking a prominent location in a bustling area of Brooklyn. The property's address is 1908 Flatbush Avenue, Brooklyn, NY 11210. Its convenient location offers easy access to various transportation options and a wide range of amenities. The space's versatility makes it an attractive option for a diverse range of businesses looking to establish a strong presence in a thriving community. This is a fantastic opportunity to secure a retail space in a high-demand area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$303,546
6.5%
$280,196
7%
$260,182
Comparable approach
Method
Valuation
Relative Method
$239,892
Geo Method
$239,892
Alternative Use
Use
Valuation
Residential
$347,443
Hospitality
$318,256
Educational
$264,785
Medical
$273,892
Retail
$411,888
Location Insight
City
Brooklyn
County
Kings
State
New York
Latitude
40.6231
Longitude
-73.9378
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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