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247 Avenue U

6,400 SF Retail Building Brooklyn, NY 11223 For Sale 8% Cap Rate

Storefront Properties New York Brooklyn 247 Avenue U, Brooklyn, NY 11223

Executive Summary

This fully leased 6,400 SF corner property at 247 Avenue U in Brooklyn offers a well-positioned asset with a creditworthy tenant, Northfield Bank. The building’s two 3,200 SF floor plates maximize functionality and exposure in a high-traffic area, giving it a prominent stance in one of Brooklyn’s active commercial zones. With its prime corner location, this property is an excellent choice for investors seeking a solid, dependable asset in a growing neighborhood.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,400 SF
Building Class
B
Year Built
1931
Cap Rate
8%
Tenancy
Single
Building Height
2 Stories
Building FAR
3.24
Land Acres
0.05 AC
Zoning
R5B
1 of 1
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (96)
Bike Score ®
Very Bikeable (71)
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

Key Food
CrossFit
Ww (weight Watchers)
TD Bank
Starbucks
Club Pilates
Orangetheory Fitness
Chase Bank
Flagstar Bank
Capital One

PROPERTY TAXES

Parcel Number 07101-0125 Improvements Assessment $903,150
Land Assessment $138,600 Total Assessment $1,041,750

PROPERTY TAXES

Parcel Number
07101-0125
Land Assessment
$138,600
Improvements Assessment
$903,150
Total Assessment
$1,041,750
(732) 841-5899

  • Listing ID: 33829672

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 247 Avenue U, Brooklyn, NY 11223

More public record information on 247 Avenue U, Brooklyn, NY 11223

The Retail Property at 247 Avenue U, Brooklyn, NY 11223 is currently available For Sale. Contact Wharton Properties for more information.

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247 Avenue U
(732) 841-5899 x

247 Avenue U

Eli Mizrachi

(732) 841-5899

(732) 841-5899

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