Price Cut **** Great investment opportunity!
Lease option .
potential income @ $ 39 psft $585.000 AAA
Heavy foot and car traffic.
Great signage area.
Three-story mixed-use elevator building, ADA, Sprinklers fire alarm.
5,000 sq ft per floor, totaling 15,000 sq ft plus backyard.
Located in Brooklyn, NY, on the highly sought-after retail corridor with heavy foot and car traffic all day long. Only a short walk from the 2, 5, Q, and B trains, which provide direct access to Downtown Brooklyn and Manhattan within 18 minutes. The property also benefits from its proximity to the neighborhood's collection of strong tenants and new residential developments.
Former tenants include: Brooklyn Hospital Center (BHC) and District 17 Elementary and Pre-K (public school). Ethan Allen Furniture Store.
Last rent collected on record: $584,000 AAA.
The building is zoned C4-4 = R7 and is suitable for many uses, including community facilities like schools, daycares, libraries, non-profits, museums, college dormitories, nursing homes, shelters, elderly day care, hotels, residential facilities for special needs populations, medical facilities, corporate offices, flagship retail, and more.
Semi-industrial uses include automotive facilities, community centers, hospitals, ambulatory health care facilities, and other facilities.