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1893 Eastern Pky

8,729 SF 100% Leased Retail Building Brooklyn, NY 11233 $3,400,000 ($390/SF)

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Investment Highlights

Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement
Protected Tax Class: 2A & 2B Tax Class limits tax increase to no more than 8% a year or 30% over 5 years
126’ of combined frontage, 106’ of which is on Eastern Parkway, a heavily trafficked corridor1893-1895 EASTERN PKWY BROOKLYN, NY 11233

Though building is in fully functional condition with no need for short term capital improvements, future renovations should garner higher rents
4 blocks to Broadway Junction, with L, J, Z, A, & C trains, offering access to Williamsburg, Downtown Brooklyn, and Union Square within 35-40 minutes