• Broker Stephanie Greco 2015670477 x 103

8701-8711 4th Ave 36,000 SF 100% Leased Retail Building Brooklyn, NY 11209 $24,321,561 CAD ($675.60 CAD/SF)

View Photo

INVESTMENT HIGHLIGHTS

  • Highly visible two-story building in excellent condition.
  • 300' from the Busy R Subway Train Entrances at 4th Ave. & 86th St. and served by Six Bus Lines: B-1; B-16; S79-SBS; S93;S53;B-63
  • Well established tenants that serve the very dense and affluent Bay Ridge trade area.

EXECUTIVE SUMMARY

Prime Investment Property For Sale in Bay Ridge, Brooklyn. On the market for the first time in fifty years. Fully leased building to two successful tenants. Together they comprise 36,000 s.f. of selling space. The first floor tenant, DII, also makes full use of the 12,000 sf selling basement. Harbor Fitness fully occupies the second floor with 12,000 sf. Access to the second floor via an elevator and stairs.

ATTACHMENTS

8701 4th Avenue Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
36,000 SF
Building Class
C
Year Built
1926
Price
$24,321,561 CAD
Price Per SF
$675.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.18
Lot Size
0.26 AC
Zoning
C4-2A - General Commercial Zone
Frontage
120’ on 4th Ave

AMENITIES

  • Bus Line
  • Corner Lot
  • Metro/Subway
  • Signalized Intersection

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
4th Ave 88th St, S 16,071 2022 0.04 km
86th St 4th Ave, NW 16,572 2022 0.10 km
5th Ave 87th St, NE 8,493 2022 0.18 km
86th St 3rd Ave, W 6,109 2022 0.19 km
86th St Gelston Ave, SE 16,494 2022 0.23 km
4th Avenue 93rd St, S 12,098 2018 0.23 km
4th Ave 85th St, S 15,284 2022 0.26 km
3rd Ave 88th St, S 8,331 2022 0.27 km
3rd Ave 86th St, S 9,047 2022 0.31 km
84th St 3rd Ave, W 1,893 2022 0.33 km
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (70)

NEARBY MAJOR RETAILERS

Jenny Craig
Club Pilates
Pioneer Supermarkets
Tiger Schulmann's Karate
Blimpie America's Sub Shop
Pure Barre
Starbucks
Citi
Bank of America
Five Guys

PROPERTY TAXES

Parcel Number 06050-0007 Improvements Assessment $5,656,580 CAD
Land Assessment $718,481 CAD Total Assessment $6,375,061 CAD

MAP

ADDITIONAL PHOTOS

View Photo Street View 1
View Photo Street view 2
View Photo Busy Corner Shot at Intersection of 87th St.
View Photo 87th St. Side of Building 2
View Photo Aerial of 87th St. Side of Building
View Photo Roof Looking Towards Bridge

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