HIGHLIGHTS
- Offered at $9,100,000, reflect a 6.54% CAP rate on current NOI
- 100% leased to six tenants with staggered expirations from 2025 to 2032, featuring extension options to further de-risk cash flow
- Rare amenity with 20 dedicated parking spaces, a major advantage in this area
- High-visibility site in densely populated Brooklyn, positioned alone major commercial corridors with strong foot and vehicle traffic
- 4 miles from the Belt Parkway, 3 miles from Ocean Parkway, and 1 mile from Kings Highway, the subject property offers access to major thoroughfares
- Nearby national and credit brands include Subway, McDonald's, Domino's Pizza, Shell, Taco Bell, and many other retailers in the immediate area
FOR SALE DETAILS
PRICE
$9,100,000 USD
PRICE/SF
$712 USD /SF
CAP RATE
6.54%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.48 AC
LAND SF
20,909 SF
ZONING
R3-2/C2-2
APN/PARCEL ID
07762-0001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
646-996-3709
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
646-996-3709
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
