560 Remsen AveBrooklyn, NY 11236

Property Details for 560 Remsen Ave

Year built

2010

Lot size

0.14 AC

Property size (Sq ft)

5,130 SF

Zone code

C8-1

Property type

Retail space

APN

04686-0001

APU

46860001

Description

This exceptional retail space, located at 560 Remsen Avenue in the vibrant Canarsie neighborhood of Brooklyn, New York, offers 1,500 square feet of prime commercial real estate. Situated in Kings County, this property is ideally suited for a variety of retail businesses. The space is currently available for lease as a single unit, presenting a fantastic opportunity for a business seeking a well-located and spacious storefront. The asking rent is $5,000 per month. The property's address is 560 Remsen Avenue, Brooklyn, NY 11236. Its convenient location within the bustling Canarsie community ensures high visibility and accessibility for potential customers. The property type is retail, offering a versatile space adaptable to various retail concepts. This is a multiple tenancy property, although only one unit of 1,500 square feet is currently available. The property's geographic coordinates are latitude 40.6528564 and longitude -73.920505. This presents a unique opportunity to establish or expand a retail business in a thriving Brooklyn neighborhood. Serious inquiries are encouraged to explore this promising retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,246,769

  6.5%

  $1,150,864

  7%

  $1,068,659

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,689,120

  Geo Method

  $1,689,120

• Alternative Use

  Use

  Valuation

  Residential

  $970,797

  Hospitality

  $889,244

  Educational

  $739,841

  Medical

  $765,285

  Retail

  $1,150,864

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6528

Longitude

-73.9204

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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