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Brooklyn Specialty Properties for Sale
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Specialty Properties For Sale in Brooklyn
Brooklyn, located in New York City, offers a unique setting for specialty properties and is an excellent choice for those looking for CRE investments. The borough is well-connected through an extensive transportation system to Manhattan, Staten Island, and other areas, facilitating easy access and economic activities. Brooklyn is home to both public and private educational institutions, attracting young professionals and families. Its position on the edge of Long Island combines urban and coastal living, making it attractive for specialty property investments. The diverse culture and investments in the Brooklyn Navy Yard and Downtown Brooklyn highlight the borough's strong economy and dynamic market.
Specialty properties in Brooklyn are sought after due to the borough's extensive transportation network and closeness to significant landmarks and institutions, appealing to businesses and investors. The area's amenities, including the Brooklyn Navy Yard's development into an industrial and tech hub, enhance the appeal of investing in specialty properties. Brooklyn also features a range of property types, from active shopping centers to residential income homes in its varied neighborhoods. Office spaces draw both startups and established businesses, supported by the borough's strong economy and tech hub status. Hotels benefit from the consistent flow of tourists and business travelers, leveraging Brooklyn's popularity and attractions. These property types fuel Brooklyn’s real estate market, offering diverse investment opportunities. For property owners interested in a "like-kind" property for a 1031 exchange, Brooklyn has listings that could match your requirements.
Learn About Specialty Properties For Sale in Brooklyn
How many specialty properties listings are available for sale in Brooklyn?
There are currently 20 specialty properties listings available for sale in Brooklyn.
What factors should I consider when searching for specialty properties for sale in Brooklyn?
When searching for specialty properties for sale in Brooklyn, it's important to assess the area's economic environment, consider the proximity to essential infrastructure and amenities, and understand the property's location and visibility. Key factors to consider include:
- The economic landscape of Brooklyn, which is robust due to a mix of sectors including technology, services, and the shift from manufacturing to service-based industries, ensuring a vibrant economy for your investment.
- The proximity to key infrastructure such as the Brooklyn Navy Yard, which offers opportunities for collaboration with over 230 private-sector firms, and the comprehensive transportation network that ensures accessibility.
- The local market and competition, considering Brooklyn's status as a hub for high-tech startups and entrepreneurs, which might influence the demand and value of specialty properties.
How much does it cost to buy a Specialty Property in Brooklyn?
The cost of buying a Specialty Property in Brooklyn varies, with current listings showing a range of options. The average price per square foot for Specialty Properties is $1,276, with an average size of 14,260 SF.
What is the largest Specialty Property available to buy in Brooklyn?
The largest Specialty Property available for sale in Brooklyn spans 83,360 SF.
Size Summary For Brooklyn Specialty Properties
| Specialty Property Size | Square Feet |
|---|---|
| Maximum | 83,360 SF |
| Average | 14,260 SF |
| Minimum | 349 SF |
Prices for Brooklyn Specialty Properties
| Specialty Property Price | Price Per SF |
|---|---|
| Maximum | $6,000 Per SF |
| Average | $1,276 Per SF |
| Minimum | $92 Per SF |
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