1022 Cortelyou Rd - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11218- Flatbush-Ditmas Park
$3,200,000 USD
718-404-6875
1022 Cortelyou Rd, Brooklyn, NY for Sale
$3,200,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | 6.19% Cap Rate

1022 Cortelyou Rd
Brooklyn, NY 11218
Flatbush-Ditmas Park


OVERVIEW

Cushman & Wakefield is pleased to offer the sale of 1022 Cortelyou Road, Brooklyn, NY (The “Property”). The corner Mixed-Use property is located on the corner of Cortelyou Rd and Stratford Rd in Ditmas Park. The 4,350 SF property consists of 2 apartments over 2 retail spaces. The commercial spaces will be delivered vacant presenting a unique opportunity for an owner user to open their own business on Ditmas Park’s strongest retail corridor. The property also has an additional 3,453 SF of air rights unlocking immediate value add potential. All inquiries should be directed to Cushman & Wakefield.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$736 USD /SF

CAP RATE

6.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,601 SF

ZONING

R6

APN/PARCEL ID

05153-0009

ASK ABOUT THIS PROPERTY

Dimitri VenekasCushman & WakefieldMore Info
718-404-6875

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Dimitri VenekasCushman & WakefieldMore Info
718-404-6875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.