4602-4612 8th Ave

3,940 SF 100% Leased Retail Building Brooklyn, NY 11220 $4,580,000 ($1,162/SF) 4.41% Cap Rate

EXECUTIVE SUMMARY

8th Ave Brooklyn Sunset Park Mixed-Use Building for Sale! 100 Feet Frontage on Corner Building of 8th Ave. 4 Stores+2 Families with Private Balcony. Lot/Building: 100x20. Located on the fast-developing streets of 8th Avenue, this mixed-use building has a great income for investment and even greater future potential. High foot and car traffic. Convenient to all, close to restaurants, grocery stores, pharmacies, banks, and a newly built school; B70 bus stop right in front of the building, a few minutes away from D train station. Perfect property for investors, builders or developers. Six-story new mixed-use building right across; this property can be built up to 6 stories. Do not miss the opportunity to own this rare mixed-use building in this prime business district AT A SPECIAL PRICE!
Please Call/Text Sue at 917-200-1996 to Inquire More on Rent Rolls, Expenses, and Lease Expiration Dates. PLEASE PREPARE PRE-APPROVAL LETTER PRIOR TO SHOWING APPOINTMENTS. ALL OFFERS MUST BE SUBMITTED TO FANGFANGREALTY@GMAIL.COM ALONG WITH PROOF OF FUNDS.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,940 SF
Building Class
C
Year Built
1926
Price
$4,580,000
Price Per SF
$1,162
Cap Rate
4.41%
NOI
$202,099
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.81
Lot Size
0.05 AC
Zoning
R6, C2-4
Frontage
100’ on 8th Ave

AMENITIES

  • Corner Lot
  • Tenant Controlled HVAC
  • Air Conditioning
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (70)

NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

  • Listing ID: 33446417

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 4602-4612 8th Ave, Brooklyn, NY 11220