1108 Blake Avenue
- Prime Mixed-Use Investment Opportunity in East New York, Brooklyn
- 3-Story Corner Property | Approx. 3,000 SF | 1 Retail Unit + 2 Vacant Residential Units
- Established Deli Tenant in Place Through 2030 with Annual Rent Increases
- Projected 8.6% Cap Rate Supported by Approximate Pro Forma NOI of $132,834
- Multiple Income Streams Providing Stable Cash Flow and Long-Term Investment Potential
- High-Visibility Corner Location Near Montauk and Atkins Avenues with Strong Foot and Vehicle Traffic
- Glass Storefront with Excellent Signage, Strong Frontage, and Ground Floor Access
- Move-In Ready Turnkey Space with Plumbing in Place
- Private Garage Parking Plus Additional Street Parking
- Close Proximity to Public Transit, Major Subway and Bus Lines, Highways, and Dense Residential Population
Property Description
3-Story Corner Property for Sale in East New York - Projected CAP Over 8%
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| No. of Units: | 4 |
| Opportunity Zone: | No |
| Property Website | Click Here |
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