1612-1616 Broadway - Retail FOR SALE


Brooklyn, NY 11207- Ocean Hill
$2,500,000 USD
1612-1616 Broadway, Brooklyn, NY for Sale
$2,500,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

1612-1616 Broadway
Brooklyn, NY 11207
Ocean Hill


HIGHLIGHTS

  • Two-story Corner Building built to capacity, High Visibility, Triple Signage Opportunity
  • Former Bank Building with vault still in place: Bushwick National Bank, circa 1923
  • Stable, High-Demand Corridor, Hard Corner with 50 ft on Broadway and 93 ft on Thomas S. Boyland Street
  • Heavy Vehicular and Pedestrian Traffic
  • A-C-J-L-Z Subway Lines at Broadway Junction, in close proximity
  • Open Floor Plan on First and Second Floors

OVERVIEW

Former Bushwick National Bank Building, currently used as a House of Worship is Available For Sale, after serving the community for over 37 years. Prime corner masonry-structure building having triple signage opportunity and high visibility. Stable, High-Demand Corridor, Hard Corner with 50 ft on Broadway and 93 ft on Thomas S. Boyland Street. Five Subway Line Transfers at Broadway Junction, in close proximity. Ideal opportunity for a House of Worship to purchase and maintain community legacy or for an investor to repurpose for commercial investment use. Property requires a full gut-renovation. Building sold as-is.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bushwick National Bank Building, circa 1923

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,450 SF

ZONING

C8-2

APN/PARCEL ID

01499-0001

ASK ABOUT THIS PROPERTY

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