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135 16th St
Brooklyn, NY 11215
Retail Property For Sale

Investment Highlights

  • Heavy Traffic
  • Prime Location
  • Excellent Income Opportunity
  • Development Site Oppotunity
  • Delivered mostly vacant

Executive Summary

2 vacant commercial spaces
3 addresses 559 4th avenue, 133 16th street and 135 16th street

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,206 SF
Building Class
C
Year Built
1931
Price
$4,163,859 CAD
Price Per SF
$989.98 CAD
Cap Rate
7%
NOI
$291,470 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.61
Lot Size
0.06 AC
Zoning
R8A, C2-4 - Medium density residential district, High traffic
Parking
2 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
27’ on 4th Ave

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Metro/Subway
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
01047-0001
Land Assessment
$16,266 CAD
Improvements Assessment
$1,445,186 CAD
Total Assessment
$1,461,452 CAD
  • Listing ID: 40696383

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 135 16th St, Brooklyn, NY 11215

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