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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)
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.®

Nearby Major Retailers

Western Beef
World Gym
Rent-A-Center
CTown
Krispy Krunchy Chicken
Planet Fitness
Starbucks
Blink Fitness
Key Food Stores, Inc.
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03393-0051
Land Assessment
$56,226 CAD
Improvements Assessment
$105,349 CAD
Total Assessment
$161,575 CAD
  • Listing ID: 31843720

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 888-896 Wyckoff Ave, Brooklyn, NY 11237

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