613 4th Ave 4,805 SF Retail Condo Unit Offered at $2,500,000 in Brooklyn, NY 11215
INVESTMENT HIGHLIGHTS
- Excellent purchase opportunity for an end user
- For Sale or Lease
- Lower Level: 1,633 SF
- Owner is motivated to strike a deal
- Ground Floor: 3,172 SF
- Divisible
EXECUTIVE SUMMARY
At 613 Fourth Avenue, you'll find yourself right in the middle of Brooklyn's vibrant South Slope neighborhood. The population concentration around 613 4th Ave. has grown rapidly in recent years. In response, numerous new residential buildings have been constructed, and many more have been renovated to house the increasing number of people settling in the area. Along with this growth, there has been a proliferation of amenities such as restaurants, bars, and cafes. Additionally, the area is very well connected to the rest of Brooklyn and Manhattan by public transportation, with multiple subway and bus lines serving the neighborhood. The Prospect Ave subway station is conveniently located right next to 613 4th Ave. This prime commercial space offers 3,172 SF on the ground floor and 1,633 SF on the lower level, with subdivisible options available. It presents an excellent purchase opportunity for an end user, with an asking price of $2.5M, or for lease at $60/SF. The owner is highly motivated to strike a deal, making this an opportunity you don’t want to miss!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,500,000 |
| Unit Size | 4,805 SF |
| No. Units | 1 |
| Total Building Size | 94,122 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2020 |
| Lot Size | 0.29 AC |
| Zoning | R8A - High density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Roof Terrace
- Bicycle Storage
- Elevator
1 UNIT AVAILABLE
Unit 3,172
| Unit Size | 4,805 SF |
| Price | $2,500,000 |
| Price Per SF | $520.29 |
| Condo Use | Retail |
| Sale Type | Owner User |
DESCRIPTION
At 613 Fourth Avenue, you'll find yourself right in the middle of Brooklyn's vibrant South Slope neighborhood. The population concentration around 613 4th Ave. has grown rapidly in recent years. In response, numerous new residential buildings have been constructed, and many more have been renovated to house the increasing number of people settling in the area. Along with this growth, there has been a proliferation of amenities such as restaurants, bars, and cafes.
Additionally, the area is very well connected to the rest of Brooklyn and Manhattan by public transportation, with multiple subway and bus lines serving the neighborhood. The Prospect Ave subway station is conveniently located right next to 613 4th Ave.
This prime commercial space offers 3,172 SF on the ground floor and 1,633 SF on the lower level, with subdivisible options available. It presents an excellent purchase opportunity for an end user, with an asking price of $2.5M, or for lease at $60/SF. The owner is highly motivated to strike a deal, making this an opportunity you don’t want to miss!
SALE NOTES
- Excellent purchase opportunity for an end user
- Owner is motivated to strike a deal
- Asking Price: $2.5m
- Ground Floor: 3,172 SF
- Lower Level: 1,633 SF
- Divisible
Ground Floor
Ground Floor
Ground Floor
Lower Level
Lower Level
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 73 | - | - |
