The subject offering is a 3,100 square foot mixed use property located along the Liberty Avenue retail corridor in East New York, Brooklyn. The asset consists of 2,000 square feet of ground floor commercial space and a 1,100 square foot second floor office The property features 20 feet of frontage on Liberty Avenue and sits on a 2,000 square foot lot.
The entire building is master leased to a single tenant through April 2030, with one five year renewal option. The lease includes 3% annual rent increases and full reimbursement of real estate taxes, providing stable, passive income with built in growth.
Zoned R5/C1-2, the property offers long term flexibility in a growing Brooklyn submarket.
The surrounding corridor is supported by a strong mix of national and local retailers including Checkers, Foot Locker, T Mobile, GameStop, Dunkin Donuts, Burger King, C Town Supermarkets, and Chase Bank.
This is an opportunity to acquire a fully leased mixed use asset with consistent annual increases, minimal landlord responsibility, and exposure to strong Brooklyn fundamentals.