4602-4612 8th Ave
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4602-4612 8th Ave
3,940 SF 100% Leased Retail Building Brooklyn, NY 11220 $4,380,000 ($1,112/SF) 4.61% 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.
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
$4,380,000
Price Per SF
$1,112
Cap Rate
4.61%
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
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
PROPERTY TAXES
| Parcel Number | 00759-0041 | Improvements Assessment | $546,750 |
| Land Assessment | $72,000 | Total Assessment | $618,750 |
PROPERTY TAXES
Parcel Number
00759-0041
Land Assessment
$72,000
Improvements Assessment
$546,750
Total Assessment
$618,750
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Presented by
Fang Fang Realty Inc
4602-4612 8th Ave
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