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8681 18th Ave
Brooklyn, NY 11214
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High Traffic Area
- In Close proximity to the D Train and B1 and B8 bus lines
- Close to many neighborhood Tenants such as McDonald's, Starbucks, and CVS
EXECUTIVE SUMMARY
Great opportunity to own two-story commercial building ideal for retail or office/service use. The structure spans the full 50-foot frontage of its lot, providing an expansive glass storefront on the ground level for maximum visibility. Notably, the 50’ frontage not only enhances retail visibility but also facilitates multiple entry points if needed.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,156 SF
Building Class
C
Year Built/Renovated
1924/2016
Price
$9,503,439 CAD
Price Per SF
$781.79 CAD
Cap Rate
5.01%
NOI
$476,279 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.14 AC
Zoning
C8-1 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land
Frontage
50’ on 18th Ave
PROPERTY TAXES
| Parcel Number | 06369-0013 | Improvements Assessment | $989,029 CAD |
| Land Assessment | $86,469 CAD | Total Assessment | $1,075,498 CAD |
PROPERTY TAXES
Parcel Number
06369-0013
Land Assessment
$86,469 CAD
Improvements Assessment
$989,029 CAD
Total Assessment
$1,075,498 CAD
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