$5,400,000 USD
347-370-4379
HIGHLIGHTS
- Fully Free Market: The properties are fully free market, with no history of rent regulation
- Owner User Potential: Retail spaces will be delivered vacant, presenting the opportunity for a retail operator to occupy one or more of the units and
- Strong Pro-Forma NOI: Conservative proforma analysis suggests an NOI of approximately $306,000 ($158,000 per building) , upon full lease-up
- Mixed-Use Asset Profile: Residential units above commercial space provide diversified income streams and long-term demand from both tenants and owner-
- Positioned along Columbia Street in the Columbia Waterfront District
- Steps from Carroll Gardens, Cobble Hill, and Brooklyn Heights
FOR SALE DETAILS
PRICE
$5,400,000 USD
PRICE/SF
$1,078 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
429-431 Columbia St
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1921
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,670 SF
ZONING
R5
APN/PARCEL ID
00534-0006
ASK ABOUT THIS PROPERTY
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347-370-4379
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347-370-4379
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