• Netting $180,000 NN annually, with 5% annual increases, presenting strong cash on cash yield, perfect for passive investors or 1031 buyers.
• Three-story commercial building w/ full basement located in the heart of Bedford-Stuyvesant on Bedford Avenue between Fulton Street and Atlantic Avenue.
• Tenant has a proven track record in Bed-Stuy and will be operating a social event space. Improvements will include full buildout including kitchen and bar.
• Short walk to both the Franklin Avenue and Nostrand Avenue subway stations with access to the A, C trains, as well as access to the LIRR Nostrand Avenue station.
• Minutes to Barclay’s Center, Atlantic Terminal, Downtown Brooklyn.
• Close proximity to several new mixed-use development projects along Fulton Street and Atlantic Avenue.