1606 Canarsie RdBrooklyn, NY 11236

For Sale
$849,000

High-return Brooklyn retail space.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional investment opportunity presents a 1-square-foot retail space located at 1606 Canarsie Road in Brooklyn, New York, 11236, Kings County. Listed at $849,000, this property offers a unique proposition for investors seeking a high-value, compact retail presence. While the square footage is listed as 1 square foot, the provided marketing description details a 2-family home with significant potential for redevelopment or repurposing into a retail space. The property's location in the heart of Canarsie offers convenient access to the Canarsie Pier and the Belt Parkway, ensuring high visibility and accessibility. The existing structure features a 3-bedroom unit over a 2-bedroom unit, plus a finished basement accessible from both inside and outside. An enclosed backyard provides additional space. Recent improvements include a new roof (installed within the past year), a recently replaced hot water heater, and a furnace replaced approximately six years ago. While the property requires updating, this presents a chance to customize the space to meet specific retail needs. Please allow 24-48 hours' notice for showings. This is an ideal opportunity for an investor seeking a high-value, strategically located property with significant upside potential.

Highlights

  • Exceptional investment opportunity: 2-family home in Brooklyn, NY (11236) listed at $849,000, with potential for retail redevelopment.
  • High-visibility location near Canarsie Pier and Belt Parkway.
  • Features 3-bedroom and 2-bedroom units, plus a finished basement, and an enclosed backyard.
  • Recent improvements include a new roof, hot water heater, and furnace (approx. 6 years old).
  • Requires updating, offering customization potential for retail use.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6331784
Longitude
-73.8945974
1606 Canarsie Rd, Brooklyn, New York

FAQs

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1606 Canarsie Rd
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