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5913-5915 Avenue N
Brooklyn, NY 11234

Retail Property For Sale

Investment Highlights

  • Mill Basin, excellent opportunity to purchase the following as a package deal with 5913-5915 Avenue N, 2372-2374-2376-2378-2380 Ralph Avenue, consisti

Executive Summary

This is a 2 Building Sale. Mill Basin, excellent opportunity to purchase the following as a package deal with 5913-5915 Avenue N, 2372-2374-2376-2378-2380 Ralph Avenue, consisting of approximately 11,295 sq ft for the 2 buildings and 4,000 sq ft for parking lot, 6 retail stores and 2 large second floor offices. The retail stores, medical building, and parking lot sold as a package sale only. There is a new rubber roof with 15 year warranty. The Net annual rent roll is approximately $199,389.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,295 SF
Building Class
C
Year Built
1939
Price
$6,405,750 CAD
Price Per SF
$567 CAD
Cap Rate
5.50%
NOI
$352,316 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.14 AC
Zoning
C1-2 overlay in an R3 - Commercial district predominantly residential in character
Parking
0.53 Spaces per 1,000 SF Leased
Frontage
138 ft on Total

Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07884-0004
Land Assessment
$82,518 CAD
Improvements Assessment
$334,517 CAD
Total Assessment
$417,035 CAD
  • Listing ID: 29087851

  • Date on Market: 2023-07-24

  • Last Updated:

  • Address: 5913-5915 Avenue N, Brooklyn, NY 11234

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