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Perfect investment 775 Flatbush Ave

3,800 SF 100% Leased Retail Building Brooklyn, NY 11226 $3,736,322 CAD ($983 CAD/SF) 5% Cap Rate

Retail Space New York Brooklyn 775 Flatbush Ave, Brooklyn, NY 11226

Investment Highlights

  • Heavy traffic area
  • Area is strong for both residential and commerccial.
  • Great Solid Tenant

Executive Summary

Chain Store Tenant !!!
This is a Prime Mixed use building in Flatbush ! Domino's pizza is the Tenant on the ground floor. There are Two (2) 3 bedroom apartments occupied with no leases. This is an ideal 1031 exchange with a solid Tenant. Property is in excellent condition throughout. This is an investment opportunity!

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built/Renovated
1925/2019
Price
$3,736,322 CAD
Price Per SF
$983 CAD
Cap Rate
5%
NOI
$186,816 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.74
Lot Size
0.05 AC
Zoning
R7-1
Frontage
20 ft on Flatbush avenue

Amenities

  • Tenant Controlled HVAC
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
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

Capital One
Santander Bank
Citi
IHOP
Retro Fitness
Planet Fitness
Starbucks
Wells Fargo
Chase Bank
Blink Fitness

PROPERTY TAXES

Parcel Number 05064-0004 Improvements Assessment $118,084 CAD
Land Assessment $16,992 CAD Total Assessment $135,077 CAD

PROPERTY TAXES

Parcel Number
05064-0004
Land Assessment
$16,992 CAD
Improvements Assessment
$118,084 CAD
Total Assessment
$135,077 CAD
(917) 453-1795

Contact

  • Vince Blandino
    Vince Blandino
  • Madison Estates Sotheby's Int - Franzese Group

  • Listing ID: 32358439

  • Date on Market: 2024-07-05

  • Last Updated:

  • Address: 775 Flatbush Ave, Brooklyn, NY 11226

The Retail Property at 775 Flatbush Ave, Brooklyn, NY 11226 is currently available for sale. Contact Madison Estates Sotheby's Int - Franzese Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Perfect investment | 775 Flatbush Ave
(917) 453-1795 x

Perfect investment | 775 Flatbush Ave

Vince Blandino

(917) 453-1795

(917) 453-1795

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