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8325 5th Ave
Brooklyn, NY 11209
Retail Property For Sale
Executive Summary
Prime Brooklyn Location: High foot / vehicle traffic corner of 84 St & 5 Ave in Bay Ridge, Bosting 6 residential units and 4 coveted commercial storefronts,2 two bedrooms apts and 4 one bedroom apts, Also a parking lot with a stable income ,Surrounded by an array of stores, restaurants, health clinics, and more. Residents and businesses alike will appreciate the convenience of nearby transportation options, including the R train. this property belongs in the portfolio of any astute investor. Its' highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,194 SF
Building Class
C
Year Built
1925
Price
$4,838,400 CAD
Price Per SF
$672.56 CAD
Cap Rate
6.33%
NOI
$306,271 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.17 AC
Zoning
R6B - is a medium density residential zoning district.
Parking
12 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
49’ on 5 Ave
Property Taxes
| Parcel Number | 06019-0001 | Improvements Assessment | $498,908 CAD |
| Land Assessment | $276,204 CAD | Total Assessment | $775,112 CAD |
Property Taxes
Parcel Number
06019-0001
Land Assessment
$276,204 CAD
Improvements Assessment
$498,908 CAD
Total Assessment
$775,112 CAD
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