9110 Avenue L - Storefront FOR SALE


Brooklyn, NY 11236- Canarsie
$1,100,000 USD
212-381-6057
9110 Avenue L, Brooklyn, NY for Sale
$1,100,000 USD
Storefront - FOR SALE
1/21
null | 6.85% Cap Rate

9110 Avenue L
Brooklyn, NY 11236
Canarsie


HIGHLIGHTS

  • High Traffic location
  • ~7.0% Cap Rate
  • Free Market

OVERVIEW

Matheos Realty Group is pleased to present the exclusive offering of 9110 Avenue L, a renovated fully-occupied mixed-use property located in the heart of Canarsie, Brooklyn. The building features two residential apartments above a ground-floor retail space, collectively totaling a strong and reliable income stream. The building is fully occupied and currently generates approximately $105,600 in gross annual income and $75,363 in net operating income, supported by modest operating expenses of $28,125, offering investors a healthy cash-flowing asset. Over the years, the owner has maintained the property with care, ensuring stable operations and dependable tenancy. The mixed-use configuration appeals to a broad renter base, balancing residential demand with a steady retail presence along a well-trafficked corridor. This combination of steady occupancy and low management intensity positions the asset as a secure, long-term hold with future rental upside.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R5D, C1-3

APN/PARCEL ID

08256-0043

ASK ABOUT THIS PROPERTY

Peter MatheosMatheos RealtyMore Info
212-381-6057

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Peter MatheosMatheos RealtyMore Info
212-381-6057

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