6210 18th Ave - Storefront FOR SALE


Brooklyn, NY 11204
$2,400,000 USD
718-360-8801
6210 18th Ave, Brooklyn, NY for Sale
$2,400,000 USD
Storefront - FOR SALE
1/5
null | 4.15% Cap Rate

6210 18th Ave
Brooklyn, NY 11204


OVERVIEW

Investment Property Realty Group (IPRG) is pleased to exclusively present this vacant retail building for sale. The property is located at 6210 18th Avenue between 62nd and 63rd Street on the border of the Borough Park and Bensonhurst neighborhoods of Brooklyn. The subject property, with a total above-grade square footage of 2,160, is built on a lot measuring 30 feet in width by 81.42 feet in depth. With a full basement matching the dimensions of the above-grade structure (30 ft x 72 ft), the property’s total square footage, including the basement, is approximately 4,320 square feet. Zoned R5 with a C1-2 overlay, the property has potential for mixed-use development, offering flexibility for residential with ground-floor commercial use. The property is located one block from the 18th Avenue [N,W] Subway Station, providing easy access to Manhattan, Queens, and the rest of Brooklyn HIGHLIGHTS: • Vacant retail building in an excellent location on the border of Borough Park and Bensonhurst • 30 feet of frontage located on the prime 18th Avenue retail corridor with heavy foot traffic • The property is surrounded by many local and national retailers including Starbucks, Dunkin Donuts, Target, Chipotle, Chase Bank, Citi Bank, CVS and more • Full basement • Perfect opportunity for owner-user or value-add investor • Long-term family ownership • Low annual property taxes - $14,166 • One minute walk to 18th Avenue [N,W] Subway Station

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$1,111 USD /SF

CAP RATE

4.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,443 SF

ZONING

R5, C1-2

APN/PARCEL ID

05532-0042

ASK ABOUT THIS PROPERTY

Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

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Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

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