1110 Pennsylvania Avenue / 98 Cozine Avenue - Storefront FOR SALE
Brooklyn, NY 11207 |
1110 Pennsylvania Avenue / 98 Cozine Avenue
Brooklyn, NY 11207
HIGHLIGHTS
- A single-story 25,170 gross-square-foot commercial center in the prime location of the East New York neighborhood in Brooklyn.
- Rare opportunity to own a cash-flowing property in Brooklyn with leases that include annual near-term rate increases and an NOI of over $1 million.
- A stabilized asset on a 1.27-acre lot is highly visible and accessible from Pennsylvania Ave with pylon and building signage.
- The property offers a diverse tenant mix in the medical field in addition to national retailers such as Little Caesars and Metro by T-Mobile.
- A walker’s paradise with ample sidewalks and public transportation, in addition to the visibility from over 31,258 daily vehicles on Pennsylvania Ave.
- A robust population of 309,792 and an annual consumer spending of over $2 billion within a two-mile radius of Penn Plaza.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Revenue Generating Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
23719
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
04412-0001
