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229 Central Ave

2,500 SF Vacant Retail Building Brooklyn, NY 11221 $2,200,000 ($880/SF)

Retail Space New York Brooklyn 229 Central Ave, Brooklyn, NY 11221

Executive Summary

Mixed Use building available for sale. 2 apartments and one store. Each apartment is occupied paying $3,000 monthly with no leases. The store on the ground floor is vacant.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
C
Year Built
1931
Price
$2,200,000
Price Per SF
$880
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
1.15
Lot Size
0.05 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
R6 - Mixed use zoning.

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 700-1,400 SF
  • Retail
  • In-Line
  • Now

Nice store front with full bath, and extra bonus backspace with kitchenette, full bath, 3 rooms, and 300 sq. ft. yard. Close to Myrtle Ave. and CENTRAL AVE. M TRAIN STOP, massive new building going up across the street. Asking rent for front store about 700 sq. ft is $3,800 per month, asking price for entire first floor and rear yard is $5500. Full basement with full bath, semi finished.

Space Size Space Use Position Available
1st Floor 700-1,400 SF Retail In-Line Now

1st Floor

Size
700-1,400 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 700-1,400 SF
Space Use Retail
Position In-Line
Available Now

Nice store front with full bath, and extra bonus backspace with kitchenette, full bath, 3 rooms, and 300 sq. ft. yard. Close to Myrtle Ave. and CENTRAL AVE. M TRAIN STOP, massive new building going up across the street. Asking rent for front store about 700 sq. ft is $3,800 per month, asking price for entire first floor and rear yard is $5500. Full basement with full bath, semi finished.

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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
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

Compare Foods
Bank of America
Starbucks
Citi
CTown
Associated Food
Key Food
Blink Fitness
Flagstar
Foodtown

PROPERTY TAXES

Parcel Number 03266-0005 Improvements Assessment $46,860 (2024)
Land Assessment $6,840 (2024) Total Assessment $53,700 (2024)

PROPERTY TAXES

Parcel Number
03266-0005
Land Assessment
$6,840 (2024)
Improvements Assessment
$46,860 (2024)
Total Assessment
$53,700 (2024)
(718) 894-8700

Contact

  • Listing ID: 31141989

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 229 Central Ave, Brooklyn, NY 11221

More public record information on 229 Central Ave, Brooklyn, NY 11221

The Retail Property at 229 Central Ave, Brooklyn, NY 11221 is currently available for sale. Contact Crifasi Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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229 Central Ave
(718) 894-8700 x

229 Central Ave

Salvatore Crifasi

(718) 894-8700

(718) 894-8700

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