4000 SF Mixed-Use Building

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SALE$2,350,000 | 922 4th Ave., Brooklyn, NY 11232

The Subject property is a 4000 SF mixed-use building on 4thAvenue between 34th and 35th Streets in Greenwood heights. The property consists of 8 (eight) one-bedroom apartments and 1(one) ground floor store. The store pays 3% annual increases and a portion of the real estate taxes. The lease expires in 2024. The building is conveniently located near an abundance of groceries, restaurants, and retail. It is near the D, N, R trains at 4th Ave & 36th St and Benefits from easy access to the 278 / Gowanus Expressway.

Property Features

  • Property Type: Retail, Mixed Use
  • Lease Type: NN
  • Square Footage: 4,000
  • Occupancy: 100%
  • Stories: 4
  • Lot Size (sq ft): 1,600
  • Subtype: Grocery Store, Restaurant
  • Tenancy: Multi
  • Cap Rate: 4.86%
  • NOI: $114,208
  • Zoning: R4-1, C1-3

 

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Courtesy of Prime Realty.

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