1025 Rogers AveBrooklyn, NY 11226

Property Details for 1025 Rogers Ave

Year built

1930

Lot size

0.05 AC

Property size (Sq ft)

2,090 SF

Zone code

R6

Property type

Retail space

APN

05138-0042

APU

51380042

Description

This exceptional 2,090-square-foot commercial property located at 1025 Rogers Avenue in Brooklyn, New York, presents a unique investment opportunity. Situated on a 22x95 foot lot, this single-story building is ideally positioned in the vibrant Flatbush neighborhood and offers significant development potential. The property is zoned R6/C2-3 Commercial Overlay, allowing for a diverse range of uses, catering to both residential and commercial projects. Its prime corner location ensures high visibility and accessibility, making it an attractive proposition for a variety of businesses or redevelopment initiatives. The existing structure encompasses 2,090 square feet, providing a solid foundation for future development or immediate occupancy. The property's address is 1025 Rogers Avenue, Brooklyn, NY 11226, within Kings (Brooklyn) County. The asking price for this lucrative investment is $1,195,000. This presents a compelling opportunity to capitalize on Brooklyn's thriving real estate market. The ceiling height is noted as "Other," requiring further inquiry for specific dimensions. The property consists of one unit.

• CAP approach

  CAP return

  Valuation

  6%

  $395,361

  6.5%

  $364,949

  7%

  $338,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $284,003

  Geo Method

  $284,003

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $711,686

  Mixed-Use / Specialty

  $363,648

  Hospitality / Lodging

  $266,797

  Office

  $361,487

  Institutional / Educational

  $378,047

  Residential Income

  $442,315

  Multifamily

  $530,489

  Automotive / Energy

  $324,040

  Parking / Income-Based Land

  $111,822

  Restaurant / Food Service

  $189,136

  Healthcare / Senior Housing

  $372,914

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6451

Longitude

-73.9516

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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