$1,100,000 USD
914-561-8609
HIGHLIGHTS
- The building is fully rent stabilized with 100% collections.
- Dimensions of 20’ x 60’ on the corner of woodbine allowing side windows for spacious and bright layouts.
- Well maintained, with little to no need for short-term capital improvements.
- Natural tenant turnover opens the opportunity for owner occupancy in the short term.
- 2A Tax Class limits tax increase to no more than 8% annually or 30% over five years.
- Located 2 blocks from Gates Avenue, J & Z-line provides quick access to Williamsburg and Manhattan.
FOR SALE DETAILS
PRICE
$1,100,000 USD
PRICE/SF
$306 USD /SF
CAP RATE
7.28%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1931
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,742 SF
ZONING
R6
APN/PARCEL ID
03357-0033
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914-561-8609
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914-561-8609
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