625 Rogers Ave - Apartments CONDO FOR SALE


Brooklyn, NY 11225- Prospect Lefferts Gardens | 
$1,340,000 USD
917-539-0402
625 Rogers Ave, Brooklyn, NY for Sale
$1,340,000 USD
Apartments CONDO - FOR SALE
1/7
null | Request Cap Rate

NEW


625 Rogers Ave
Brooklyn, NY 11225
Prospect Lefferts Gardens


HIGHLIGHTS

  • ±2,100 SF Commercial Condominium Located in Brooklyn’s Prospect Lefferts Gardens Neighborhood
  • Situated Near the Winthrop Street Subway Station with Access to the 2 and 5 Trains
  • Located at the Base of a 20-Unit Luxury Condominium Building with 2024 Construction
  • Currently Built Out for Daycare/Educational Use with Use Group 6 Designation

OVERVIEW

The subject offering is 625 Rogers Avenue #C1, a 2,100-square-foot commercial condominium located in the Prospect Lefferts Gardens neighborhood of Brooklyn, New York. The property is positioned along Rogers Avenue between Clarkson Avenue and Parkside Avenue and is located at the base of a recently constructed 20-unit luxury condominium building. The space is currently built out for daycare and educational use, providing a turnkey opportunity for compatible operators while offering investors flexibility for other permitted commercial uses under its Use Group 6 designation. The commercial condominium is part of an approximately 37,432 square foot building and is situated within an R6/C2-3 zoning district. Moreover, the property benefits from a significant ICAP tax benefit, resulting in an annual real estate tax bill of approximately $7,761 ($67,877 w/o Abatement) and providing an attractive expense profile for investors or owner-users.

FOR SALE DETAILS

PRICE

$1,340,000 USD

PRICE/SF

$536 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

0%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Retail Condo - New Construction

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

27,886 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R6

APN/PARCEL ID

05050-0002

ASK ABOUT THIS PROPERTY

Scott PlaskyMarcus & MillichapMore Info
917-539-0402

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Scott PlaskyMarcus & MillichapMore Info
917-539-0402

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