6423 18th Ave
Brooklyn, NY 11204
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corner 18th Avenue & 65th Street. Other corners Chipotle, JPMorgan Chase, Santander Bank - 22,500 cars per day on 65th Street
EXECUTIVE SUMMARY
This property is located at the corner of 18th Avenue and 65th Street. Corner store at 6423 18th Avenue is rented to Starbucks and inside store at 6419 18th Avenue is rent to Chun Hong Kong Cafe, Inc. Other corners on 18th & 65th Street are JPMorgan Chase, Chipotle and Santander Bank.
N train located 1 block away. Bus Stops across the street and one block away.
Floors 2 & 3 have 6 units upstairs and can be delivered vacant. 6423 has 4 units and 6419 has 2 units.
N train located 1 block away. Bus Stops across the street and one block away.
Floors 2 & 3 have 6 units upstairs and can be delivered vacant. 6423 has 4 units and 6419 has 2 units.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
10,900 SF
Building Class
C
Year Built
1931
Price
$15,262,060 CAD
Price Per SF
$1,400.19 CAD
Cap Rate
4.02%
NOI
$612,945 CAD
Percent Leased
38%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.50
Lot Size
0.10 AC
Zoning
C4-2 - Residentail & Commercial
Maximum FAR 3.4
4,300 sf X 3.4 = 14,620
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,174,430 CAD | |
| Land Assessment | $127,901 CAD | Total Assessment | $1,302,331 CAD |
