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3901 7th Ave

3,922 SF 100% Leased Retail Building Brooklyn, NY 11232 $2,850,000 ($727/SF) 4.88% Cap Rate

Investment Highlights

  • One block away from the D Train Station.
  • Next to brand new commercial construction.
  • Fully occupied.

Executive Summary

Fully occupied mixed-use property. 4 residential units over 2 ground floor commercial spaces.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,922 SF
Building Class
B
Year Built
1935
Price
$2,850,000
Price Per SF
$727
Cap Rate
4.88%
NOI
$139,080
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.03 AC
Zoning
M1-2 - Light industrial with offices, hotels, and most retail uses permitted.
Parking
1 Space per 1,000 SF Leased
Frontage
20 FT on 7th Ave

Amenities

  • Signage
Walk Score ®
Very Walkable (87)
Transit Score ®
Rider's Paradise (91)
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.®

Nearby Major Retailers

Compare Foods
Fish Market
TD Bank
Flagstar
Planet Fitness
CTown
Key Food
Bank of America
Chase Bank
Chinatrust Bank USA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00915-0008
Land Assessment
$6,750
Improvements Assessment
$221,850
Total Assessment
$228,600
  • Listing ID: 23989947

  • Date on Market: 8/27/2021

  • Last Updated:

  • Address: 3901 7th Ave, Brooklyn, NY 11232

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