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981 Halsey St 625 SF Retail Building Brooklyn, NY 11207 $1,514,183 CAD ($2,422.69 CAD/SF) 4.55% Cap Rate
Investment Highlights
- Prime Bushwick Single Story Retail Building With Two Retail Stores For Sale.
- Ideal For User, Coffee Shop, Nail Salon, Hair Salon, Professional Office
- Close To Halsey St. Subway Station
Executive Summary
Premiere Real Estate Group Inc. presents the exclusive
opportunity to acquire 981 Halsey Street located in the prime
neighborhood of Bushwick, Brooklyn. The subject property is a
single-story commercial building with two commercial units
totaling 625 square-feet. The first store is a hair salon with a lease
expiring in 3 years. The second store is a vacant and fully renovated
space with a full basement. It features a new storefront, new
bathroom, new flooring and is freshly painted. Additional
renovations made to the property include a new roof installation
and a recent sidewalk replacement. This commercial asset is ideal
for an owner user or as an investment opportunity.
981 Halsey Street is ideally positioned within a prime and highly
desirable commercial corridor of Bushwick and is just a half block
away from the J subway station. Additionally, the building is located
in a bustling area due to the convenient access to shopping and
dining on Broadway.
opportunity to acquire 981 Halsey Street located in the prime
neighborhood of Bushwick, Brooklyn. The subject property is a
single-story commercial building with two commercial units
totaling 625 square-feet. The first store is a hair salon with a lease
expiring in 3 years. The second store is a vacant and fully renovated
space with a full basement. It features a new storefront, new
bathroom, new flooring and is freshly painted. Additional
renovations made to the property include a new roof installation
and a recent sidewalk replacement. This commercial asset is ideal
for an owner user or as an investment opportunity.
981 Halsey Street is ideally positioned within a prime and highly
desirable commercial corridor of Bushwick and is just a half block
away from the J subway station. Additionally, the building is located
in a bustling area due to the convenient access to shopping and
dining on Broadway.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
625 SF
Building Class
C
Year Built
1925
Price
$1,514,183 CAD
Price Per SF
$2,422.69 CAD
Cap Rate
4.55%
NOI
$68,827 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.01 AC
Opportunity Zone
Yes
Zoning
R6 - Medium-density residential; multifamily, walk-ups, and towers allowed.
Frontage
Amenities
- Bus Line
- Metro/Subway
- Signage
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03401-0060 | Improvements Assessment | $58,318 CAD |
| Land Assessment | $11,788 CAD | Total Assessment | $70,105 CAD |
Property Taxes
Parcel Number
03401-0060
Land Assessment
$11,788 CAD
Improvements Assessment
$58,318 CAD
Total Assessment
$70,105 CAD
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Videos
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981 Halsey St
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