Historical Retail Sale Listing - Stillwell Retail Investment Property

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Stillwell Retail Investment Property

2092 Stillwell Avenue, Brooklyn, NY 11223

N/A

5,664 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
5,664 SF
Property Type:
Retail
Property Sub-type:
Street Retail
Additional Sub-types:
Service/Gas Station
Free Standing Bldg
Vehicle Related
Property Use Type:
Investment
Cap Rate:
9.40%
No. Stories:
1
Tenancy:
Single
Year Built:
1990
Lot Size:
5,664 SF
APN / Parcel ID:
C8-2
Listing ID
17520572
Last Updated
over 1 year ago

Highlights

  • Excellent location
  • Neighboring National Tenants
  • Owner Financing Available
  • Close proximity to public transportation

Description

This investment property located on Stillwell Avenue in Brooklyn consists of 5,664 SQFT currently occupied by Good Year Tire Shop available for sale or lease. The favorable Zoning of C8-2 allows for almost all uses. The property is centrally located with several neighboring National Tenants and within close proximity of public transportation. With a projected capitalization rate of return of 9.4% assuming a lease rate of $25 PSF/NNN an ideal investment for a investor or owner/operator. Owner financing available to those who qualify.

Bensonhurst has a clearly defined border, with Gravesend to the southeast, Midwood to the east, Borough Park to the north, Dyker Heights to the west, and Bath Beach to the southwest. Starting at the neighborhood's southern tip at the corner of Stillwell Avenue and 86th Street, the border runs north along Stillwell Avenue to Avenue P, east to McDonald Avenue, north to 60th Street, northwest to Fort Hamilton Parkway, southwest to Bay Ridge Avenue, southeast to 14th avenue, south to 86th Street, and southeast back to Stillwell Avenue.

Map of 2092 Stillwell Avenue, Brooklyn, NY 11223 (Kings County)

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