888-896 Wyckoff Ave
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888-896 Wyckoff Ave
12,750 SF 96% Leased Retail Building Brooklyn, NY 11237 $9,060,186 CAD ($711 CAD/SF) 7.64% Cap Rate
Executive Summary
888 Wyckoff is a 20-unit building situated in a desirable neighborhood between Bushwick and Ridgewood featuring all triple net leases. This building presents a prime investment opportunity due to its low vacancy rate, with only one unoccupied unit, and all tenants in good standing. This property offers the opportunity for steady rental income or significant added value through renovation.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,750 SF
Building Class
B
Year Built
2008
Price
$9,060,186 CAD
Price Per SF
$711 CAD
Cap Rate
7.64%
NOI
$692,108 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.33
Land Acres
0.22 AC
Zoning
M1-1
Parking
7 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
101 ft on Wyckoff
Amenities
- Security System
- Signage
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 03393-0051 | Improvements Assessment | $105,349 CAD |
Land Assessment | $56,226 CAD | Total Assessment | $161,575 CAD |
PROPERTY TAXES
Parcel Number
03393-0051
Land Assessment
$56,226 CAD
Improvements Assessment
$105,349 CAD
Total Assessment
$161,575 CAD
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888-896 Wyckoff Ave
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