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245 S 1st St 2,300 SF 100% Leased Retail Building Brooklyn, NY 11211 $3,170,550 CAD ($1,378.50 CAD/SF) 6.75% Cap Rate
EXECUTIVE SUMMARY
Prime location In Williamsburg. Mixed use Retail with 2 residential unit with one bedroom each and are currently $4500 & $3500. Bar tenant pays $5000.00 has 7 years remaining. Fully renovated vacant apartments free market building rented $4500 & $4000
Gross Rent $168,000
Gross Rent $168,000
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,300 SF
Building Class
C
Year Built/Renovated
1910/2008
Price
$3,170,550 CAD
Price Per SF
$1,378.50 CAD
Cap Rate
6.75%
NOI
$214,012 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.03 AC
Zoning
R6 - 1-Family With 1 Store or Office
Frontage
AMENITIES
- Courtyard
- Restaurant
- Security System
- Storage Space
- Air Conditioning
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02395-0128 | Improvements Assessment | $199,787 CAD |
| Land Assessment | $15,425 CAD | Total Assessment | $215,212 CAD |
PROPERTY TAXES
Parcel Number
02395-0128
Land Assessment
$15,425 CAD
Improvements Assessment
$199,787 CAD
Total Assessment
$215,212 CAD
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245 S 1st St
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