9920-9922 4th Ave - Medical FOR SALE


Brooklyn, NY 11209
$15,500,000 USD
718-748-1800
9920-9922 4th Ave, Brooklyn, NY for Sale
$15,500,000 USD
Medical - FOR SALE
1/29
null | 5.2% Cap Rate

9920-9922 4th Ave
Brooklyn, NY 11209


HIGHLIGHTS

  • Corner Building with Exposure
  • Two New Elevators
  • Indoor & Outdoor Parking
  • Close to Major Transportation
  • On Site Property Manager
  • Retail & Office Tenants

OVERVIEW

9920 4th Avenue - Offers a unique opportunity in Bay Ridge Brooklyn. One of the few large scale Professional Buildings with Major Tenants in place. The building was built in 1977 and is a staple in the neighborhood offering Medical and Professional services to the community. We are proud to represent the FIRST EVER SALE OF THIS PROPERTY. 45,000 SF spanning across three floors, 40 Indoor Parking spaces in a Heated Garage with elevator access, 13 Outdoor Parking spaces, dedicated HVAC systems per unit, 2 Newly upgraded elevators, and a full time on site property manager. Some Major Tenants include Mass Mutual, Jag One Physical Therapy, Colonial Pharmacy, PRO Health, and many more. Ideally located with easy Access from the Belt Parkway, Verrazano Bridge, Brooklyn-Queens Expressway, R-Train, and Local & Express Buses to NYC

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Narrows Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

R6A

APN/PARCEL ID

06134-0028

ASK ABOUT THIS PROPERTY

Wade JabourJabour Realty CoMore Info
718-748-1800

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Wade JabourJabour Realty CoMore Info
718-748-1800

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