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GSA King Tomato 1140 McDonald Ave 5,114 SF Retail Building Brooklyn, NY 11230 $16,989,083 CAD ($3,322.07 CAD/SF) 10% Cap Rate
Executive Summary
Introducing 1140 McDonald Ave an operational grocery & fruit shop built 83x62 on a 128x143.5 lot in the heart of Kensington / Boro Park. The property will be delivered fully vacant, the site is zoned M1-2 with close to 20,000sqFt buildable and there is a potential to build 44,250sqFt if you include a Community Facility (4.8 FAR). Perfect for a Synogauge, School or office over retail. Survey & Environmental report available for qualified buyers.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
5,114 SF
Building Class
C
Year Built
1931
Price
$16,989,083 CAD
Price Per SF
$3,322.07 CAD
Cap Rate
10%
NOI
$1,698,908 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.21 AC
Zoning
M1-2 - M1-2 4.8FAR with CF
Frontage
144’ on Mcdonald Ave
Amenities
- Corner Lot
- Metro/Subway
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- GSA King Tomato Farm
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| GSA King Tomato Farm | Retailer | - | - | - |
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05464-0015 | Improvements Assessment | $266,406 CAD |
| Land Assessment | $140,082 CAD | Total Assessment | $406,487 CAD |
Property Taxes
Parcel Number
05464-0015
Land Assessment
$140,082 CAD
Improvements Assessment
$266,406 CAD
Total Assessment
$406,487 CAD
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GSA King Tomato | 1140 McDonald Ave
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