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62-68 Bond St

6,850 SF 100% Leased Retail Building Brooklyn, NY 11217 $5,700,000 ($832/SF)

Investment Highlights

  • Corner 6,850 Square Foot Mixed-Use Building with 6 Commercial Tenants and 5 Residential units in Boerum Hill, Brooklyn
  • Located One Block away from the Hoyt-Schermerhorn Street “A, C & G” Trains, Three Blocks away from the Nevins Street “2, 3, 4 & 5” Trains and Four Blo
  • Over 100 feet of Frontage to the Bond Street Retail Corridor
  • Boerum Hill Residential Rents Averaging $70 - $80 PSF and Retail Rents Averaging $75 - $100 PSF
  • Steps from many Major Attractions including the Ace Hotel, Fulton Mall, Barclays Center, Dekalb Market, Brooklyn Academy of Music, and Fort Green Park
  • Zoned R6B, C6-1, DB

Executive Summary

62 Bond Street is a 6,850 SF mixed-use property on the corner of Bond Street and State Street in the Boerum Hill section of Brooklyn, NY. The property is built full on 25 by 108-foot lot, zoned R6B, C6-1, DB.
The building is fully occupied with a mix of commercial and residential tenants. The ground floor features 6 commercial tenants with 5 residential units above. The Bond Street brick building contains 3 small studio apartments, and the two-story frame building contains a 2-bedroom and 4-bedroom duplex apartment.
62 Bond Street is located just a couple blocks from eleven subway lines and the Long Island Railroad. Some of Brooklyn’s largest commercial and residential projects are being built within a few blocks of the site. Investors can purchase this prime Boerum Hill mixed-use building adjacent to “Brooklyn’s Tech Triangle” of Brooklyn Heights, Dumbo, and Downtown Brooklyn. The property is not currently subject to any landmark designation.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,850 SF
Building Class
C
Year Built
1905
Price
$5,700,000
Price Per SF
$832
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.25
Lot Size
0.07 AC
Zoning
R6B - R6 - Medium density residential district
Frontage
108 FT on Bond Street

Amenities

  • Bus Line
  • Pylon Sign
  • Air Conditioning
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
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

Key Food
The Melting Pot Llc
Ridgewood Savings Bank
Foodtown
Starbucks
Whole Foods Market
Blue Bottle Coffee
CKO Kickboxing
Wells Fargo Home Mortgage
Crunch

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00171-0035
Land Assessment
$14,850
Improvements Assessment
$1,172,700
Total Assessment
$1,187,550
  • Listing ID: 31379518

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 62-68 Bond St, Brooklyn, NY 11217

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