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7724 13th Ave
Brooklyn, NY 11228
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Corner of 78th Street and 13th Avenue. Communication easement could be sold separately.

EXECUTIVE SUMMARY

PHENOMENAL FREE MARKET(NO RENT STABILIZATION) EXTRA-LARGE(20x90 BUILDING SIZE) 5 FAMILY + 2 STORES + CELL PHONE TOWERS(RENTED FOR $3450/PER MONTH) BUSY CORNER 3 STORY BRICK MIXED-USE BUILDING IN THE HEART OF DESIRABLE DYKER HEIGHTS(POSSIBLE OWNER FINANCING)... THIS FANTASTIC INVESTMENT PROPERTY IS A MAGNIFICENT MONEY-MAKER WITH EVEN MORE POTENTIAL UPSIDE($$$) FOR IT'S NEXT SAVVY OWNER... BUILDING IS IN EXCELLENT CONDITION AND IS CURRENTLY CONFIGURED AS: TWO (2) BEDROOM APARTMENTS ON THE 3rd FLOOR OVER TWO (2) BEDROOM APARTMENTS ON THE 2nd FLOOR OVER ONE CORNER STORE, ONE SIDE STORE & 0NE (1) BEDROOM APARTMENT ON THE 1st FLOOR/WALK-IN LEVEL OVER FULL SIZED BASEMENT... DON'T MISS OUT ON THIS TRULY OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST SOUGHT-AFTER & PREMIER NEIGHBORHOODS... POTENTIAL OWNER FINANCING.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
6,800 SF
Building Class
B
Year Built
1931
Price
$2,608,998 CAD
Price Per SF
$383.68 CAD
Cap Rate
8%
NOI
$208,844 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.12
Lot Size
0.05 AC
Zoning
R4,Brooklyn,(S5) - R4 zoning is low density residential.
Frontage
20’ on 13th Ave.

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06243-0047
Land Assessment
$18,304 CAD
Improvements Assessment
$684,179 CAD
Total Assessment
$702,482 CAD
  • Listing ID: 30945085

  • Date on Market: 2023-05-12

  • Last Updated:

  • Address: 7724 13th Ave, Brooklyn, NY 11228

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