Daniel Lebor - Commercial Real Estate Showcase

Daniel Lebor Property Listings
Associate Vice President
634 Dean St
Brooklyn, NY 11238
(718) 768-6888
(646) 253-7750

1761 Rockaway Parkway

Brooklyn, NY 11236-4825 - South Brooklyn Submarket

Property Type:Office Sub Type:Medical Status:Existing Year Built:1965
Stories:2 Typical Floor:- Building Size:6,800 SF
For Sale Price:$2,400,000 Price/SF:$352.94
Cap Rate:5.60 %
Parking:Free Surface spaces are available; Ratio of 1.47/1,000 SF Amenities:Bus Line

Sale Notes:
TerraCRG has been retained to exclusively represent ownership in the sale of the commercial office building at 1759 Rockaway Parkway in Canarsie, Brooklyn.

Located on the corner of Avenue L and Rockaway Parkway, the office building is approximately 7,000 SF over two stories, with ~38 feet of frontage on Rockaway Parkway and 115 feet of frontage on Avenue L. The property consists of five office units and over 5,000 SF of parking. One unit is currently vacant and rents in the occupied units range from ~$25-41 per SF.

Tenants include Contemporary Eye Care, Canarsie Dental, Neighborhood Housing Services and 21st Century Dental of Canarsie. With an annual gross income of approximately $196,500 and estimated annual expenses of approximately $133,500 annually.

Michael Hernandez
(718) 768-6888 x8

Daniel Lebor
(718) 768-6888

Dan Marks
(718) 768-6888

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