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Investment Highlights

  • Corner Property
  • High ceiling, Easy access
  • Prime commercail Location

Executive Summary

Prime Brooklyn Commercial Property – 961 E. 51st Street, Brooklyn, NY 11203
Exceptional opportunity to acquire a versatile commercial property in the heart of East Flatbush, one of Brooklyn's most active and growing business corridors. Situated on a highly visible corner location, 961 E. 51st Street offers approximately 5,321 square feet of commercial space on a substantial lot, providing outstanding flexibility for owner-users, investors, automotive operators, industrial users, or redevelopment opportunities.
The property is currently divided into two separate commercial units of approximately 2,700 square feet each, creating a unique opportunity for owner-occupancy with rental income, multi-tenant investment, or a variety of commercial and industrial uses. Each unit offers flexible layouts and independent operating potential, maximizing both functionality and income-generating possibilities.
The property features generous frontage, convenient access for deliveries and operations, and excellent connectivity to major Brooklyn thoroughfares. Its strategic location places businesses within close proximity to Flatbush Avenue, Kings Highway, Utica Avenue, public transportation, and densely populated residential neighborhoods, ensuring strong customer and workforce accessibility.
Property Highlights:
• Approximately 5,321 SF commercial building
• Divided into two units of approximately 2,700 SF each
• Large commercial lot with strong street presence
• Ideal for owner-users, investors, or multi-tenant occupancy
• Flexible commercial and industrial use potential
• Excellent access to major transportation routes
• Established East Flatbush business location
• Strong long-term investment and redevelopment potential
Whether you're expanding your business footprint, seeking an income-producing asset, or pursuing a value-add investment in one of Brooklyn's most resilient commercial markets, 961 E. 51st Street presents a rare opportunity to secure a strategically located property with significant upside potential.
Schedule a private tour today and discover the possibilities this exceptional Brooklyn commercial property has to offer.

Property Facts

Price $3,172,390 CAD
Price Per SF $596.20 CAD
Sale Type Investment or Owner User
Cap Rate 6%
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.12 AC
Rentable Building Area 5,321 SF
No. Stories 1
Year Built 1968
Clear Ceiling Height 15’
Zoning M1-1 - Light industrial with offices, hotels, and most retail uses permitted

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Alicard
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Alicard Accommodation and Food Services - - Lorem Ipsum Jan 0000
Exceptionally walkable
90/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
07947-0006
Land Assessment
$65,737 CAD
Improvements Assessment
$292,097 CAD
Total Assessment
$357,834 CAD
  • Listing ID: 40716475

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 961 E 51st St, Brooklyn, NY 11203

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