396 6th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11215- Park Slope
$3,800,000 USD
818-317-0106
396 6th Ave, Brooklyn, NY for Sale
$3,800,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | 4.02% Cap Rate

396 6th Ave
Brooklyn, NY 11215
Park Slope


HIGHLIGHTS

  • Corner Three-Story 3,600 Square Foot Mixed-Use Building in Park Slope, Brooklyn
  • Park Slope Residential Rents Averaging $70 - $80 PSF, Condominium Prices Reaching $1,400 – $1,800 PSF and Retail Rents on 6th Avenue Averaging $65 - $
  • 20 Feet of Frontage to the 6th Avenue Retail Corridor
  • Five Blocks from the 4th Avenue / 9th Street “F” “G” & “R” Train Station and Three Blocks from Prospect Park
  • Protected Tax Class 2A and Current Real Estate Taxes of $11,892
  • Zoned R6B

OVERVIEW

396 6th Avenue is a 3,600 SF three-story mixed-use building located on the corner of 6th Avenue and 7th Street in the Park Slope section of Brooklyn, NY. The property is built full on a 20 by 79-foot lot, zoned R6B. Currently the building is fully occupied. A Mexican restaurant is leasing the ground floor commercial space. The 2nd floor is a large 2-bedroom 1-bath apartment with a private terrace and outdoor storage space. The 3rd floor is split into front and back 1-bedroom 1-bath apartments. Both top floor apartments have access to a rooftop terrace. There are 3 private parking garages behind the commercial space. The subject property is located five blocks from the 4th Avenue / 9th Street subway station, serviced by the F, G & R lines. 396 6th Avenue offers investors and developers the opportunity to purchase a strategically located mixed use building in the Park Slope neighborhood of Brooklyn. The property is not currently subject to any landmark designation.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$1,056 USD /SF

CAP RATE

4.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6B

APN/PARCEL ID

00994-0051

ASK ABOUT THIS PROPERTY

Jesse KayMarcus & MillichapMore Info
818-317-0106

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Jesse KayMarcus & MillichapMore Info
818-317-0106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.