975 Manhattan Ave
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975 Manhattan Ave
3,908 SF 100% Leased Retail Building Brooklyn, NY 11222 $2,500,000 ($640/SF) 5.50% Cap Rate
Investment Highlights
- Heavy day time foot traffic
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,908 SF
Building Class
C
Year Built
2022
Price
$2,500,000
Price Per SF
$640
Cap Rate
5.50%
NOI
$137,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial district predominantly residential in character
Frontage
25 FT on Manhattan Ave
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (84)
Bike Score ®
Biker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02532-0046 | Improvements Assessment | $2,335,000 |
Land Assessment | $250,000 | Total Assessment | $2,585,000 |
PROPERTY TAXES
Parcel Number
02532-0046
Land Assessment
$250,000
Improvements Assessment
$2,335,000
Total Assessment
$2,585,000
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Presented by
J & K 3 Realty Llc
975 Manhattan Ave
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