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57 4th Ave

4,526 SF 100% Leased Retail Building Brooklyn, NY 11217 $5,200,000 ($1,149/SF) 5.35% Cap Rate

Investment Highlights

  • One block from the Barclays Center
  • Prime Park Slope, Located at the corner of 4th Avenue & Bergen Street
  • In close proximity to over 10 subway lines

Executive Summary

Attractive Assumable Debt - $4.375M at 4.28% thru 2031.
Prime Park Slope. Located at corner of 4th Ave & Bergen Street. 4 story walkup. All 3-bedroom / 2 Bath apartments.
Luxury Finishings.
All Free-Market Units
4,939 SF of Air Rights
Retail Tenants Below Market
Block's from Barclays Center and Apple Store
Steps over from 10 subway lines
Inquire For Pricing

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,526 SF
Building Class
C
Year Built/Renovated
1920/2019
Price
$5,200,000
Price Per SF
$1,149
Cap Rate
5.35%
NOI
$278,200
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.60
Lot Size
0.04 AC
Zoning
C4-4D/G - Commercial
Frontage
60 FT on 4th Avenue

Amenities

  • Bus Line
  • Corner Lot
  • Metro/Subway
  • Signalized Intersection
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (94)
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

Pure Barre
Chase Bank
F45 Training, Inc.
Nathan's Famous-delivery Only
WW
TD Bank
Bank of America
Goldfish Swim School
Orangetheory Fitness
Just Salad

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00930-0077
Land Assessment
$229,950
Improvements Assessment
$624,600
Total Assessment
$854,550
  • Listing ID: 30346110

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 57 4th Ave, Brooklyn, NY 11217

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