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242-260 Brighton Beach Ave
Brooklyn, NY 11235
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Full City Block of Retail
- Brooklyn "B" & "Q" Train
- Heavy Foot Traffic
EXECUTIVE SUMMARY
Prime Location, FULL BLOCK of Retail. 12 total Units located between Brighton 1st and Brighton 2nd Streets in Brighton Beach, Brooklyn. Fully occupied - with upside in corner unit looking to vacate. Low expenses, property taxes ammended and down $40,000 from last year. A must-see, contact Maria with any interest.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,000 SF
Building Class
C
Year Built
1945
Price
$23,283,637 CAD
Price Per SF
$1,455.23 CAD
Cap Rate
5.10%
NOI
$1,187,465 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
R6, C1-2 - Residential FAR 2.43
Facility FAR 4.8
Current FAR 1.01 i
Max buildable area 38,341 sqft
Current built area 15,936 sqft
Buildable area 22,405 sqft i
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 08683-0097 | Improvements Assessment | $2,257,342 CAD |
| Land Assessment | $528,222 CAD | Total Assessment | $2,785,563 CAD |
PROPERTY TAXES
Parcel Number
08683-0097
Land Assessment
$528,222 CAD
Improvements Assessment
$2,257,342 CAD
Total Assessment
$2,785,563 CAD
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