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29 101st Ave 2,268 SF 100% Leased Retail Building Brooklyn, NY 11208 $1,726,500 CAD ($761.24 CAD/SF)
Investment Highlights
- The buildings are located in a highly accessible part of Brooklyn with excellent everyday consumer accessibility.
- There is room to improve rents, refresh tenancy, or modernize the commercial asset over time.
- Ideal for buyers looking for neighborhood retail with residential income.
- Can be purchased separately or as a package with 25 101st Avenue.
Executive Summary
Mixed-use building located at 25 101st Avenue in Brooklyn, offered for sale individually or as part of a package with the adjacent 29 101st Avenue. The property features a ground-floor commercial unit and one 2-bedroom residential apartment. Current rents are below market, presenting a clear value-add opportunity through lease-up and repositioning. Ideal for investors seeking stable in-place income with upside potential. Income/expense sheet is attached to the listing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,268 SF
Building Class
B
Year Built
1920
Price
$1,726,500 CAD
Price Per SF
$761.24 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.03 AC
Zoning
R5, C1-2 - low-density residential zoning district in NYC (found in Brooklyn, Queens, Bronx, Staten Island) allowing for detached, semi-detached, and attached houses, as well as small-scale apartment buildings
Frontage
25’ on 101st Avenue
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04185-0064 | Improvements Assessment | $53,629 CAD |
| Land Assessment | $15,899 CAD | Total Assessment | $69,528 CAD |
Property Taxes
Parcel Number
04185-0064
Land Assessment
$15,899 CAD
Improvements Assessment
$53,629 CAD
Total Assessment
$69,528 CAD
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29 101st Ave
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