This Property is no longer advertised on Showcase.com.
Off Market
1/3

10 Nevins St
Brooklyn, NY 11217


HIGHLIGHTS

  • Long Term Leases with Medical Users (low default risk)
  • Glass Frontage: 25 FT
  • Ceiling Height: 12 FT
  • New Construction

OVERVIEW

The Property presents investors with an excellent opportunity to acquire a newly built, fully leased, cash flowing retail condominium in the heart of Downtown Brooklyn. Medical tenants and dental in particular have the lowest default rate for any retail use. The property benefits from a 15-year ICAP abatement with 14 years remaining (10 years abated at 100% followed by four years of gradual abatement burn-off). 10 Nevins is conveniently located one block from the Dekalb Ave B,D,N,Q,R and the Nevins St 2,3,4,5 subway stations.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

The Brooklyn Grove

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

219627

STORIES

27

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

00161-1013,00161-1014,00161-1026,00161-1030,00161-1082,00161-1102,00161-1111,00161-1116,00161-1123,00161-1131,00161-1132,00161-1137,00161-1153,00161-1157,00161-1167,00161-1170,00161-1173,00161-1174,00161-1177,00161-1178,00161-1182,00161-1184,00161-1185