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179 7th Ave

5,864 SF 100% Leased Retail Building Brooklyn, NY 11215 $3,250,000 ($554/SF) 6.80% Cap Rate

Retail Space New York Brooklyn 179 7th Ave, Brooklyn, NY 11215

Investment Highlights

  • AAA location
  • High foot traffic
  • 25' frontage
  • Easy access to public transportation

Executive Summary

Prime investment opportunity.
Mixed use building with large restaurant (approx. 1400 sf) plus 6 residential units (1-2 bedroom).
Located on 7th Avenue between 1st Street and 2nd Street.
7th Avenue is a well established commercial and residential street in the heart of historic Park Slope.
Park Slope is a highly desirable, high income, downtown Brooklyn neighborhood.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,864 SF
Building Class
C
Year Built
1900
Price
$3,250,000
Price Per SF
$554
Cap Rate
6.80%
NOI
$221,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.24
Lot Size
0.06 AC
Zoning
R6A
Frontage
25 FT on 7th Ave

Links

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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Taim
Starbucks
Five Guys
Bank of America
Pokéworks
Cheeburger Cheeburger
Blue Bottle Coffee
Just Salad
Foodtown
Chase Bank

PROPERTY TAXES

Parcel Number 01076-0005 Improvements Assessment $2,238,300
Land Assessment $19,800 Total Assessment $2,258,100

PROPERTY TAXES

Parcel Number
01076-0005
Land Assessment
$19,800
Improvements Assessment
$2,238,300
Total Assessment
$2,258,100
(917) 975-7491

Contact

  • Listing ID: 33625417

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 179 7th Ave, Brooklyn, NY 11215

More public record information on 179 7th Ave, Brooklyn, NY 11215

The Retail Property at 179 7th Ave, Brooklyn, NY 11215 is currently available for sale. Contact Townsley & Gay LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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179 7th Ave, Brooklyn, NY for sale Building Photo- Image 1 of 16
Building Facade
179 7th Ave, Brooklyn, NY for sale Building Photo- Image 2 of 16
Building Facade
179 7th Ave, Brooklyn, NY for sale Floor Plan- Image 3 of 16
179 7th Ave Sample Residential layout
179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 4 of 16
Typical Unit
179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 5 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 6 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 7 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 8 of 16
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179 7th Ave, Brooklyn, NY for sale Building Photo- Image 9 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 10 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 11 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 12 of 16
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179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 13 of 16
Typical Unit
179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 14 of 16
Gas Heating System
179 7th Ave, Brooklyn, NY for sale Interior Photo- Image 15 of 16
Water Heaters

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179 7th Ave
(917) 975-7491 x

179 7th Ave

Michael Sabin

(917) 975-7491

(917) 975-7491

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