1288 Herkimer St - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11233- Ocean Hill
$1,475,000 USD
347-762-4055
1288 Herkimer St, Brooklyn, NY for Sale
$1,475,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

1288 Herkimer St
Brooklyn, NY 11233
Ocean Hill


HIGHLIGHTS

  • Mixed-use building in the Ocean Hill section of Brooklyn.
  • Has 3,880 built SF on a 1,720 SF lot and consists of 2 commercial units and 2 residential units, with the residential units having been gutted.
  • One commercial unit is occupied and can be delivered with a 5-year lease, and all other units will be delivered vacant.
  • Located near the Rockaway Ave [C] Subway Station.
  • Close to major retailers including Dollar Tree, Dunkin', & Dollar General.

OVERVIEW

Asset CRG Advisors, LLC, has been exclusively retained to market 1288 Herkimer St, a mixed-use building located in the Ocean Hill section of Brooklyn. The property consists of approximately 3,880 built square feet situated on a 1,720 square foot lot and is configured with two commercial units and two residential units, with the residential units having been gutted, offering a balanced mixed-use layout. One commercial unit is occupied and can be delivered with a 5-year lease, while all other units will be delivered vacant, presenting an opportunity for immediate lease-up or repositioning. The property is conveniently located near the Rockaway Avenue [C] subway station and is surrounded by a mix of national and local retailers, including Dollar Tree, Dunkin’, and Dollar General, providing strong neighborhood amenities and consistent foot traffic.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,720 SF

ZONING

R5

APN/PARCEL ID

01567-0027

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

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Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

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