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852-854 Rogers Ave
Brooklyn, NY 11226
Retail Property For Sale
Investment Highlights
- 100% free-market with no history of rent stabilization or rent control
- Fully renovated with high-end appliances, fixtures, dishwashers, and central air
- 2 & 5 trains two blocks away at Church Avenue with access to Manhattan
- Currently grossing ~$300K with separate utilities and NOI of $215,000
- ~3,500 SF of unused air rights for upward or outward expansion (R6 / C2-3)
- Within blocks of grocery stores, restaurants, retail, and fitness centers
Executive Summary
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,457 SF
Building Class
C
Year Built
1931
Price
$4,507,136 CAD
Price Per SF
$698.02 CAD
Cap Rate
6.71%
NOI
$302,442 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.08 AC
Zoning
R6, C2-3 Brooklyn
Parking
1 Spaces (0 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 05104-0103 | Improvements Assessment | $659,109 CAD |
| Land Assessment | $31,657 CAD | Total Assessment | $690,767 CAD |
Property Taxes
Parcel Number
05104-0103
Land Assessment
$31,657 CAD
Improvements Assessment
$659,109 CAD
Total Assessment
$690,767 CAD
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