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1134 Liberty Ave 3,100 SF Retail Building Brooklyn, NY 11208 $2,255,451 CAD ($727.56 CAD/SF) 8.14% Cap Rate
Executive Summary
The subject offering is a 3,100 square foot mixed use property located along the Liberty Avenue retail corridor in East New York, Brooklyn. The asset consists of 2,000 square feet of ground floor commercial space and a 1,100 square foot second floor office The property features 20 feet of frontage on Liberty Avenue and sits on a 2,000 square foot lot.
The entire building is master leased to a single tenant through April 2030, with one five year renewal option. The lease includes 3% annual rent increases and full reimbursement of real estate taxes, providing stable, passive income with built in growth.
Zoned R5/C1-2, the property offers long term flexibility in a growing Brooklyn submarket.
The surrounding corridor is supported by a strong mix of national and local retailers including Checkers, Foot Locker, T Mobile, GameStop, Dunkin Donuts, Burger King, C Town Supermarkets, and Chase Bank.
This is an opportunity to acquire a fully leased mixed use asset with consistent annual increases, minimal landlord responsibility, and exposure to strong Brooklyn fundamentals.
The entire building is master leased to a single tenant through April 2030, with one five year renewal option. The lease includes 3% annual rent increases and full reimbursement of real estate taxes, providing stable, passive income with built in growth.
Zoned R5/C1-2, the property offers long term flexibility in a growing Brooklyn submarket.
The surrounding corridor is supported by a strong mix of national and local retailers including Checkers, Foot Locker, T Mobile, GameStop, Dunkin Donuts, Burger King, C Town Supermarkets, and Chase Bank.
This is an opportunity to acquire a fully leased mixed use asset with consistent annual increases, minimal landlord responsibility, and exposure to strong Brooklyn fundamentals.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$196,839
|
$63.50
|
| Other Income |
$35,032
|
$11.30
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$231,871
|
$74.80
|
| Taxes |
$35,032
|
$11.30
|
| Operating Expenses |
$13,259
|
$4.28
|
| Total Expenses |
$48,291
|
$15.58
|
| Net Operating Income |
$183,580
|
$59.22
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $196,839 |
| Annual Per SF | $63.50 |
| Other Income (CAD) | |
|---|---|
| Annual | $35,032 |
| Annual Per SF | $11.30 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $231,871 |
| Annual Per SF | $74.80 |
| Taxes (CAD) | |
|---|---|
| Annual | $35,032 |
| Annual Per SF | $11.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $13,259 |
| Annual Per SF | $4.28 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $48,291 |
| Annual Per SF | $15.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $183,580 |
| Annual Per SF | $59.22 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,100 SF
Building Class
C
Year Built
1925
Price
$2,255,451 CAD
Price Per SF
$727.56 CAD
Cap Rate
8.14%
NOI
$183,580 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.42
Lot Size
0.05 AC
Zoning
R5-C1-2
Frontage
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04202-0016 | Total Assessment | $343,239 CAD |
| Land Assessment | $43,059 CAD | Annual Taxes | $35,032 CAD ($11.30 CAD/SF) |
| Improvements Assessment | $300,180 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
04202-0016
Land Assessment
$43,059 CAD
Improvements Assessment
$300,180 CAD
Total Assessment
$343,239 CAD
Annual Taxes
$35,032 CAD ($11.30 CAD/SF)
Tax Year
2025
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1134 Liberty Ave
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