Coldwell Banker Reliable Commercial Division is pleased to offer for sale 751-753 4th Avenue, located in the Greenwood Heights section of Brooklyn. The three unit, two-story corner property features: 1,200 SF- 1st floor corner unit rented for $5,910 monthly, 1,200 SF- 1st floor in line unit (vacant) and 2,400 SF- 2nd floor catering hall (vacant). Projections include: $240,000 NNN Lease, 5.6% Cap Rate. Directly in front of the D, N, R, W train station on 4th Avenue & 25th Street. Easy access to the Hugh L. Carey tunnel into Manhattan, the BQE, I278 and Prospect Expressway. Walking Distance to Industry City, Prospect Park, restaurants, retailers and more.


Property Type: Retail
Year Built: 1945
Level Number: 2
Lot Dimensions: 37 x 75
Sub-Lease: 3
Zoning: M1-1D
Cap Rate Percentage: 5.58
Listing ID: B5DDCZ
MLS ID: CBRC751
Additional MLS: 430909
Style: Other Style
Building Size: 4,800 SF
Lot Size: 2775 SF
Available Date: Jun 17th, 2019
Taxes: $36,147
Area Description

Region: Brooklyn

Region: United States

Region: GREENWOOD HEIGHTS

Region: New York

Property Features
Location Name: Greenwood Heights
Flooring: Hardwood, Tile
Cooling: Central A/C
Area Description: Metropolitan
Road Type: City / Town Street
Heating - Fuel Type: Gas
Roof: Rubber
Exterior Description: Brick
Additional Media Area Demographics