2063 Atlantic Ave
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2063 Atlantic Ave
2,314 SF Retail Building Brooklyn, NY 11233 $1,190,000 ($514/SF)
Investment Highlights
- Property sold vacant with an annual rent potential of $92,560-$113,000 (Costar est.). Projected 8.6% cap rate.
- Maintain current use or consider repurposing for storage purposes, capitalizing on nearby access to the Jackie Robinson Parkway, Interstates 278 & 678
- Centrally located near highways and on high trafficked street for maximum exposure.
Executive Summary
Get two commercial properties for the price of one! The property sold vacant with an annual rent potential of $92,560-$113,000 (Costar est.). projected 8.6% cap rate.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,314 SF
Building Class
C
Year Built
1924
Price
$1,190,000
Price Per SF
$514
Tenancy
Single
Building Height
2 Stories
Building FAR
0.76
Lot Size
0.07 AC
Zoning
R5 - Residential
Frontage
41 FT on Atlantic Ave
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (88)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01566-0042 | Improvements Assessment | $61,650 |
Land Assessment | $46,800 | Total Assessment | $108,450 |
PROPERTY TAXES
Parcel Number
01566-0042
Land Assessment
$46,800
Improvements Assessment
$61,650
Total Assessment
$108,450
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2063 Atlantic Ave
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