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9711 3rd Ave

10,650 SF 100% Leased Office Building Brooklyn, NY 11209 £2,902,316 (£273/SF) 6.70% Net Initial Yield

Investment Highlights

  • Close Proximity to the R Train
  • 51 Ft Frontage on 3rd Avenue
  • Many Neighborhood tenants in the area

Executive Summary

This property is located in the Bay Ridge neighborhood of Brooklyn, New York between 3rd Ave and 97th Street. It is close to many neighborhood tenants such as Foodtown, Rite Aid, Chase, UPS, Dunkin' Donuts, Staples, Harbor Fitness, and NYU Hospital. This building is Fully Built Out as a Medical Office with elevator access. It is in a High Traffic Area with major frontage/branding opportunities. It is conveniently located near the R subway station.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,650 SF
Building Class
B
Year Built/Renovated
1932/2000
Price
£2,902,316
Price Per SF
£273
Net Initial Yield
6.70%
NOI
£194,455
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,600 SF
Building FAR
2.07
Land Acres
0.12 AC
Zoning
R6A
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (79)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06126-0007
Land Assessment
£144,724
Improvements Assessment
£769,153
Total Assessment
£913,877
  • Listing ID: 31678663

  • Date on Market: 02/05/2024

  • Last Updated:

  • Address: 9711 3rd Ave, Brooklyn, NY 11209

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