GFI Realty Services is pleased to present the exclusive offering of 4721 13th Avenue, a three-story mixed-use corner building located in the Borough Park section of Brooklyn, totaling approximately 7,000 square feet with an additional 1,500 buildable square feet. The property has been under long-term ownership for approximately 70 years and is comprised of two ground-floor retail units and four residential apartments, presenting an ideal condominium conversion or value-add opportunity. The asset is surrounded by a strong mix of local retailers and eateries and is conveniently located one block from the D subway line, offering excellent visibility and accessibility.
13th Avenue in Borough Park is a thriving commercial corridor with heavy daily pedestrian traffic and vehicular counts of approximately 8,000+ cars per day, dominated by independently owned businesses, with a notably high concentration of banks reflecting its strong local economy. The avenue is globally recognized and features kosher hotels and a wide range of specialty retail, dining, and religious goods tailored to the community.