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1156 Liberty Ave 4,780 SF 100% Leased Office Building Brooklyn, NY 11208 $2,559,271 CAD ($535.41 CAD/SF) 8.21% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!!
  • The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!!
  • This Property Offers HUGE Upside Potential!!!
  • The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, 200 Amp Power, CAC, +++!!!
  • Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!!

EXECUTIVE SUMMARY

Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, Security System,, Low Property Taxes, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
1st Floor (Jewelry Store 600 Sqft.): $33,000 Ann.
Pro Forma Gross Income: $177,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $151,881 Ann.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $244,860 $136.03
Other Income - -
Vacancy Loss - -
Effective Gross Income $244,860 $136.03
Taxes $31,301 $17.39
Operating Expenses $3,449 $1.92
Total Expenses $34,749 $19.31
Net Operating Income $210,111 $116.73

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $244,860
Annual Per SF $136.03
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $244,860
Annual Per SF $136.03
Taxes (CAD)
Annual $31,301
Annual Per SF $17.39
Operating Expenses (CAD)
Annual $3,449
Annual Per SF $1.92
Total Expenses (CAD)
Annual $34,749
Annual Per SF $19.31
Net Operating Income (CAD)
Annual $210,111
Annual Per SF $116.73

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,780 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$2,559,271 CAD
Price Per SF
$535.41 CAD
Cap Rate
8.21%
NOI
$210,111 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,593 SF
Building FAR
2.68
Lot Size
0.04 AC
Zoning
R5/C1-2
Parking
6 Spaces (1.26 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (91)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04203-0120
Land Assessment
$41,245 CAD
Improvements Assessment
$309,658 CAD
Total Assessment
$350,903 CAD
Annual Taxes
$31,301 CAD ($6.55 CAD/SF)
Tax Year
2025
  • Listing ID: 34411766

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 1156 Liberty Ave, Brooklyn, NY 11208

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