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57 4th Ave

4,526 SF 100% Leased Retail Building Brooklyn, NY 11217 £4,135,518 (£914/SF) 5.35% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • One block from the Barclays Center
  • Prime Park Slope, Located at the corner of 4th Avenue & Bergen Street
  • In close proximity to over 10 subway lines

EXECUTIVE SUMMARY

Attractive Assumable Debt - $4.375M at 4.28% thru 2031.
Prime Park Slope. Located at corner of 4th Ave & Bergen Street. 4 story walkup. All 3-bedroom / 2 Bath apartments.
Luxury Finishings.
All Free-Market Units
4,939 SF of Air Rights
Retail Tenants Below Market
Block's from Barclays Center and Apple Store
Steps over from 10 subway lines
Inquire For Pricing

ATTACHMENTS

57 4th Ave Brooklyn NY

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,526 SF
Building Class
C
Year Built/Renovated
1920/2019
Price
£4,135,518
Price Per SF
£914
Net Initial Yield
5.35%
NOI
£221,250
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
2.60
Lot Size
0.04 AC
Zoning
C4-4D/G - Commercial
Frontage
60 ft on 4th Avenue

AMENITIES

  • Bus Route
  • Corner Lot
  • Public Transport
  • Signalised Intersection
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Pure Barre
Chase Bank
Lidl
F45 Training, Inc.
Orangetheory Fitness
WW
TD Bank
Bank of America
Just Salad
CTown

PROPERTY TAXES

Parcel Number 00930-0077 Improvements Assessment £496,739
Land Assessment £182,877 Total Assessment £679,617

PROPERTY TAXES

Parcel Number
00930-0077
Land Assessment
£182,877
Improvements Assessment
£496,739
Total Assessment
£679,617
(631) 235-9741

CONTACT

  • Listing ID: 30346110

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 57 4th Ave, Brooklyn, NY 11217

The Park Slope Retail Property at 57 4th Ave, Brooklyn, NY 11217 is currently available. Contact Baseline Real Estate Advisors for more information.

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57 4th Ave
(631) 235-9741 x

57 4th Ave

Michael Sherman

(631) 235-9741

(631) 235-9741

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