• 4-story mixed-use building with two (2) commercial units and six (6) residential units
• The retail spaces are leased to Gold Smith Jewelry & a Smoke Shop with both leases set to expire within 4 years time
• Prime A+ location where retail rents are pushing greater than $125/SF
• Within a two block radius of the Bergen Street F & G station, Boerum Park and in a geography district with an abundance of top rated public/ private schools in NYC
• All six (6) apartments are 1BR units. There is 1 stabilized unit, the remaining 5 are Free-Market
• Value-Add opportunity where residential rents for 1BR apartments are north of $3,250/ month
• A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily
• Protected Tax Class 2B
Listing Status: | Under Contract |
---|---|
Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $3,500,000 |
No. of Units: | 8 |
Building Size: | 3,920 Sq ft |
Lot Size: | 1,680.00 Sq ft |
No. of Stories: | 4 |
Opportunity Zone: | No |
Price per unit: | $437,500 |
Seattle & Northwest | May 29, 2024
Seattle & Northwest | May 29, 2024
Phoenix & Southwest | May 29, 2024
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California