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378 Central Ave 4,125 SF 100% Leased Retail Building Brooklyn, NY 11221 $2,498,697 CAD ($605.74 CAD/SF)
INVESTMENT HIGHLIGHTS
- 4 Family + 2 Store fronts
- Gross income ~ $190,000
- R6 Zoning
EXECUTIVE SUMMARY
Prime Investment Opportunity in Bushwick! Located in one of Brooklyn’s most rapidly growing neighborhoods, this mixed-use property features 2 storefronts + 4 residential units, offering excellent rental income and long-term potential. Lot Size: 25 ft x 100 ft; Building Size: 25 ft x 55 ft; Zoning: R6; Total Interior Space: Approximately 4,125 sq ft; Fully Finished Basement with 4 separate storage rooms; This well-maintained building generates an impressive annual gross income of approximately $190,000, with a net income of around $150,000, making it a perfect addition to any investor’s portfolio. The property is situated in an outstanding location, closed to both the L and M subway lines, providing quick and easy access to Manhattan and other parts of Brooklyn.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,125 SF
Building Class
C
Year Built
1931
Price
$2,498,697 CAD
Price Per SF
$605.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.65
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
R6 - Medium-density residential district, typically found in Brooklyn, Queens, and the Bronx, that allows for multi-family apartment buildings and includes a mix of building types.
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Security System
- Storage Space
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03332-0035 | Improvements Assessment | $542,948 CAD (2025) |
| Land Assessment | $6,321 CAD (2025) | Total Assessment | $549,269 CAD (2025) |
PROPERTY TAXES
Parcel Number
03332-0035
Land Assessment
$6,321 CAD (2025)
Improvements Assessment
$542,948 CAD (2025)
Total Assessment
$549,269 CAD (2025)
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