This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
433 7th Ave
500 SF Retail Condo Unit Offered at $625,000 in Brooklyn, NY 11215
EXECUTIVE SUMMARY
This retail cooperative opportunity is situated at the base of a charming pre-war building built in 1931, featuring 7 units. It offers easy access to the subway and is just 30 minutes from Manhattan. This site is in the vibrant neighborhood of Park Slope, Brooklyn, characterized by historic brownstones, tree-lined streets, and a strong sense of community. The area is family-friendly and popular with young professionals and artists, boasting a well diverse population. In addition to its proximity to Prospect Park, which provides ample green space for outdoor activities, Park Slope is filled with a variety of shops, restaurants, and cafes that showcase a mix of cuisines and local boutiques. The neighborhood is also known for its excellent schools and amenities, including playgrounds and farmers’ markets. Culturally rich, Park Slope features a lively arts scene, with galleries, theaters, and music venues enhancing its appeal. This blend of urban living and neighborhood charm makes Park Slope a highly sought-after location.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $625,000 | Sale Type | Investment or Owner User |
| Unit Size | 500 SF | Building Class | C |
| No. Units | 1 | Floors | 4 |
| Total Building Size | 6,500 SF | Typical Floor Size | 1,625 SF |
| Property Type | Retail (Condo) | Year Built | 1920 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.06 AC |
| Price | $625,000 |
| Unit Size | 500 SF |
| No. Units | 1 |
| Total Building Size | 6,500 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 1,625 SF |
| Year Built | 1920 |
| Lot Size | 0.06 AC |
1 UNIT AVAILABLE
Unit Retail
| Unit Size | 500 SF | Sale Type | Investment or Owner User |
| Price | $625,000 | Cap Rate | 5.82% |
| Price Per SF | $1,250.00 | NOI | $36,400 |
| Condo Use | Retail |
| Unit Size | 500 SF |
| Price | $625,000 |
| Price Per SF | $1,250.00 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.82% |
| NOI | $36,400 |
SALE NOTES
This retail cooperative opportunity is situated at the base of a charming pre-war building built in 1931, featuring 7 units. It offers easy access to the subway and is just 30 minutes from Manhattan. This site is in the vibrant neighborhood of Park Slope, Brooklyn, characterized by historic brownstones, tree-lined streets, and a strong sense of community. The area is family-friendly and popular with young professionals and artists, boasting a well diverse population. In addition to its proximity to Prospect Park, which provides ample green space for outdoor activities, Park Slope is filled with a variety of shops, restaurants, and cafes that showcase a mix of cuisines and
local boutiques. The neighborhood is also known for its excellent schools and amenities, including playgrounds and farmers’ markets. Culturally rich, Park Slope features a lively arts scene, with galleries, theaters, and music venues enhancing its appeal. This blend of urban living and neighborhood charm makes Park Slope a highly sought-after location.
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | R6A |
| R6A |
Presented by
433 7th Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.