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204 25th Street 204 25th St 14,084 SF 50% Leased Office Building Brooklyn, NY 11232 $7,519,765 CAD ($533.92 CAD/SF)
Investment Highlights
- First floor leased to Elite Barbell through 2029 at $14,000/mo with 3% annual increases.
- ±14,084 SF building on ±10,397 SF lot with M1-1D zoning and 1.00 FAR.
- Modern buildouts with HVAC, ADA restrooms, loading driveway, and outdoor deck.
- Second floor delivered vacant, ideal for owner-user or investor lease-up.
- Prime Brooklyn location just 100 feet from R train entrance at 25th Street.
- 50% occupied, offering immediate cash flow and upside from vacant space.
Executive Summary
Cory Rosenthal
Matthews Real Estate Investment Services, Inc
License # 10991237833, 10311210106 (NY)
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 10991237833, 10311210106 (NY)
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
14,084 SF
Building Class
C
Year Built
1955
Price
$7,519,765 CAD
Price Per SF
$533.92 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,042 SF
Building FAR
1.35
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
M1-1D
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 00655-0010 | Improvements Assessment | $738,687 CAD |
| Land Assessment | $191,899 CAD | Total Assessment | $930,586 CAD |
Property Taxes
Parcel Number
00655-0010
Land Assessment
$191,899 CAD
Improvements Assessment
$738,687 CAD
Total Assessment
$930,586 CAD
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204 25th Street | 204 25th St
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