1156 Liberty Ave
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1156 Liberty Ave
4,780 SF 100% Leased Office Building Brooklyn, NY 11208 $3,166,438 CAD ($662 CAD/SF)
INVESTMENT HIGHLIGHTS
- Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!!
- The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!!
- The Property Has 17’ Of Frontage On Busy Liberty Avenue!!!
- The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, 200 Amp Power, CAC, +++!!!
- Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!!
- This Property Offers HUGE Upside Potential!!!
EXECUTIVE SUMMARY
Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! The Property Has 17’ Of Frontage On Busy Liberty Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Pro Forma Net Operating Income (NOI): $118,881 Ann.
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Pro Forma Net Operating Income (NOI): $118,881 Ann.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$207,258
|
$115.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$207,258
|
$115.14
|
| Taxes |
$32,565
|
$18.09
|
| Operating Expenses |
$3,588
|
$1.99
|
| Total Expenses |
$36,154
|
$20.09
|
| Net Operating Income |
$171,104
|
$95.06
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $207,258 |
| Annual Per SF | $115.14 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $207,258 |
| Annual Per SF | $115.14 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,565 |
| Annual Per SF | $18.09 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,588 |
| Annual Per SF | $1.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $36,154 |
| Annual Per SF | $20.09 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $171,104 |
| Annual Per SF | $95.06 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,780 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$3,166,438 CAD
Price Per SF
$662 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,593 SF
Building FAR
2.68
Lot Size
0.04 AC
Zoning
R5/C1-2
Parking
6 Spaces (1.26 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (90)
PROPERTY TAXES
| Parcel Number | 04203-0120 | Total Assessment | $336,776 CAD |
| Land Assessment | $42,016 CAD | Annual Taxes | $32,565 CAD ($6.81 CAD/SF) |
| Improvements Assessment | $294,760 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04203-0120
Land Assessment
$42,016 CAD
Improvements Assessment
$294,760 CAD
Total Assessment
$336,776 CAD
Annual Taxes
$32,565 CAD ($6.81 CAD/SF)
Tax Year
2024
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