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888 Jamaica Ave
Brooklyn, NY 11208
Retail Property For Sale
Investment Highlights
- Steps away from public transportation
- Corner Visibility in a High Foot and Vehicle Traffic Area
- Located near other retail stores and restaurants
Executive Summary
The building is currently occupied with a Family Dollar (dark), with occupancy until June'25. This building is located in a high traffic area off of Jamaica Avenue and Autumn Avenue. It is conveniently placed on a corner lot next to the J Train. There are a few retail stores and restaurants in the neighborhood such as Western Beef Supermarket, AMDUSA Inc, Desire's Dominican Cakes, and Dany's Pizza.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,850 SF
Building Class
B
Year Built/Renovated
2015/2018
Price
$8,205,780 CAD
Price Per SF
$927.21 CAD
Cap Rate
5%
NOI
$410,289 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.27 AC
Zoning
M1-1 - Light industrial with offices, hotels, and most retail uses permitted
Parking
8 Spaces (0.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
Property Taxes
| Parcel Number | 04107-0041 | Improvements Assessment | $582,816 CAD |
| Land Assessment | $336,027 CAD | Total Assessment | $918,842 CAD |
Property Taxes
Parcel Number
04107-0041
Land Assessment
$336,027 CAD
Improvements Assessment
$582,816 CAD
Total Assessment
$918,842 CAD
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