4022 8th Ave - Title Co-achievement Abstract & Associates
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4022 8th Ave - Title Co-achievement Abstract & Associates
3,732 SF Office/Retail Unit Offered at £1,975,025 in Brooklyn, NY 11232
Investment Highlights
- The current tenant is running a senior citizens activity center which is paying $8,700 monthly with 4% yearly increase.
- Tenant has 4 years lease remaining, property tax included.
Executive Summary
Building is located in prime 8th Avenue business district.
Property Facts
| Price | £1,975,025 | Sale Type | Investment |
| Unit Size | 3,732 SF | Building Class | C |
| No. Units | 1 | Number of Floors | 4 |
| Total Building Size | 3,732 SF | Typical Floor Size | 1,642 SF |
| Property Type | Retail (Unit) | Year Built | 1926 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.06 AC |
| Price | £1,975,025 |
| Unit Size | 3,732 SF |
| No. Units | 1 |
| Total Building Size | 3,732 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 4 |
| Typical Floor Size | 1,642 SF |
| Year Built | 1926 |
| Lot Size | 0.06 AC |
1 Unit Available
Unit 1
| Unit Size | 3,732 SF | Sale Type | Investment |
| Price | £1,975,025 | Net Initial Yield | 4.00% |
| Price Per SF | £529.21 | NOI | £79,001.00 |
| Unit Use | Office/Retail |
| Unit Size | 3,732 SF |
| Price | £1,975,025 |
| Price Per SF | £529.21 |
| Unit Use | Office/Retail |
| Sale Type | Investment |
| Net Initial Yield | 4.00% |
| NOI | £79,001.00 |
Description
The duplex condos as approximately 2000 sqft. and 2000 sqft.
Sale Notes
Duplex commercial condo for sale. Current tenant has 4 years lease remaining.
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
zoning
| Zoning Code | R6 (Medium density residential district) |
| R6 (Medium density residential district) |
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4022 8th Ave - Title Co-achievement Abstract & Associates
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