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1308 Myrtle Ave
8,314 SF Retail Condo Unit Offered at $3,500,000 in Brooklyn, NY 11221
Executive Summary
Located in the white-hot part of Bushwick, Brooklyn, this brand new, ALL-COMMERCIAL Elevator building has VENTED RETAIL with gas, TURN-KEY OFFICE SPACE(s), storage, and OUTDOOR AREAS on multiple floors! Logical divisions available, all uses considered, and buildout incentives available for the right offer(s). Steps from the Wyckoff Ave nightlife and the M subway train--express to/from Manhattan--catches out-front!
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,500,000 | Building Class | A |
| Unit Size | 8,314 SF | Floors | 5 |
| No. Units | 1 | Typical Floor Size | 4,064 SF |
| Total Building Size | 20,319 SF | Year Built | 2022 |
| Property Type | Retail (Condo) | Lot Size | 0.11 AC |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.05/1,000 SF |
| Sale Type | Investment | Opportunity Zone |
Yes
|
| Price | $3,500,000 |
| Unit Size | 8,314 SF |
| No. Units | 1 |
| Total Building Size | 20,319 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment |
| Building Class | A |
| Floors | 5 |
| Typical Floor Size | 4,064 SF |
| Year Built | 2022 |
| Lot Size | 0.11 AC |
| Parking Ratio | 0.05/1,000 SF |
| Opportunity Zone |
Yes |
1 Unit Available
Unit 1
| Unit Size | 8,314 SF | Sale Type | Investment |
| Price | $3,500,000 | Cap Rate | 8.34% |
| Price Per SF | $420.98 | NOI | $291,900 |
| Condo Use | Retail |
| Unit Size | 8,314 SF |
| Price | $3,500,000 |
| Price Per SF | $420.98 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 8.34% |
| NOI | $291,900 |
Sale Notes
Located in the white-hot part of Bushwick, Brooklyn, this brand new retail space in an all-commercial building building has multiple front entrances and elevator access to GF and LL spaces. Fully ventable and minimal structural columns that allot for maximal SF use! Steps from the Wyckoff Ave nightlife and the M subway train--express to/from Manhattan-- catches out-front!
Amenities
- Atrium
- Bus Line
- Commuter Rail
- Courtyard
- Metro/Subway
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
- Accent Lighting
- Roof Terrace
- Storage Space
- Monument Signage
- Balcony
Nearby Major Retailers
zoning
| Zoning Code | R6 (All-Commercial Bldg.) |
| R6 (All-Commercial Bldg.) |
-
John LeVine -
David Quigua -
EXR
Presented by
1308 Myrtle Ave
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