718-395-1877
959 4th Ave, Brooklyn, NY for Sale
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

959 4th Ave
Brooklyn, NY 11232
Greenwood


HIGHLIGHTS

  • 3,820 Gross SF
  • 2 Residential Units
  • 1 Commercial Space
  • 2 Garages
  • Blocks from Industry City

OVERVIEW

TerraCRG has been retained to exclusively represent ownership in the sale of 959 4th Avenue, a mixed-use building in the Sunset Park neighborhood in Brooklyn. Located between 36th and 37th Street, the property consists of 2 residential units (2 FM) and a commercial space that is currently occupied by the neighborhood’s beloved bagel store, Enjoy My Bagels. The property is built full to the 81-foot lot on the ground floor and is built 55 feet deep on the 2nd and 3rd floor level with a total gross footage of 3,820 SF. Additionally, the property consists of two garages, one occupied by the store and the other currently rented by one of the residential tenants. The property has a current gross annual income of $128,400 and a net operating income of $100,244 after expenses. Located two blocks away from the neighborhood’s staple, Industry City, the property benefits from its proximity to many local restaurants and bars, including Zona Sur Bar Bistro, Industry City Food Hall, and Sahadi’s. It is also located close the N,Q,R, and W trains.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corner Mixed-Use Building | Sunset Park

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,620 SF

ZONING

R7A

APN/PARCEL ID

00697-0001

ASK ABOUT THIS PROPERTY

Daniel ChungTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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Daniel ChungTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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