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69A 7th Ave
Brooklyn, NY 11217
Retail Property For Sale
Executive Summary
Amazing opportunity to own an historic, landmarked brownstone on prime Seventh Ave between Berkley and Lincoln Place in Park Slope. The building has two free-market residential two bedroom units and two commercial units.
The storefront has recently been extended in the back and has basement storage. The second floor has a spa. The third and fourth floors are both two bedroom homes with original details and renovated kitchens with windows. Both are tenant occupied. This offers a unique opportunity to own a high cap rate investment with upside on a prime retail corridor.
Close to Grand Army Plaza and Prospect Park, it is the perfect location. Easy transportation via the Q,2,3 train lines. Contact us today for specifics.
The storefront has recently been extended in the back and has basement storage. The second floor has a spa. The third and fourth floors are both two bedroom homes with original details and renovated kitchens with windows. Both are tenant occupied. This offers a unique opportunity to own a high cap rate investment with upside on a prime retail corridor.
Close to Grand Army Plaza and Prospect Park, it is the perfect location. Easy transportation via the Q,2,3 train lines. Contact us today for specifics.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,950 SF
Building Class
C
Year Built
1921
Price
$4,777,077 CAD
Price Per SF
$965.07 CAD
Cap Rate
6.26%
NOI
$298,923 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.84
Lot Size
0.04 AC
Zoning
R6A - Landmarked district mixed use. C1/3-R6A
Frontage
Property Taxes
| Parcel Number | 01061-0003 | Improvements Assessment | $523,562 CAD |
| Land Assessment | $99,785 CAD | Total Assessment | $623,347 CAD |
Property Taxes
Parcel Number
01061-0003
Land Assessment
$99,785 CAD
Improvements Assessment
$523,562 CAD
Total Assessment
$623,347 CAD
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