421 Ocean Pky - Office FOR SALE


Brooklyn, NY 11218- Kensington
$8,499,000 USD
917-939-3760
421 Ocean Pky, Brooklyn, NY for Sale
$8,499,000 USD
Office - FOR SALE
1/12
null | 6.64% Cap Rate

421 Ocean Pky
Brooklyn, NY 11218
Kensington


HIGHLIGHTS

  • Mixed-Use Professional Office Building for Sale
  • Constructed in 2004 | Elevator Building
  • Central HVAC | ADA Compliant
  • Multiple Parking Spots
  • Corner Building in High Traffic Area
  • Steps from Public Transportation

OVERVIEW

Presenting a rare investment opportunity in the heart of Kensington, this 100% occupied mixed-use professional office building offers exceptional value in a prime location. Constructed in 2004, the property boasts modern amenities, including central HVAC, full ADA compliance, and an elevator, ensuring accessibility and comfort for tenants and visitors alike. Situated on a prominent corner in a high-traffic area, the building enjoys excellent visibility and is steps away from public transportation, making it an attractive choice for businesses and clientele. This well-maintained building features Class A tenants on NNN leases, providing stable and reliable income for investors. With multiple parking spots and additional buildable air rights of 8,108 square feet, the property offers future development potential, enhancing its long-term value. Its strategic location and professional tenant base make this an unparalleled opportunity for discerning investors seeking a high-quality asset in Brooklyn's thriving Kensington neighborhood. For more information or to arrange a private tour, please contact the listing agent.

FOR SALE DETAILS

PRICE

$8,499,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

6.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R7A

APN/PARCEL ID

05390-0001

ASK ABOUT THIS PROPERTY

Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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