1108 Blake Ave | Brooklyn, NY 11208
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- LoopNet Team
1108 Blake Ave
Brooklyn, NY 11208
Retail Property For Sale
Investment Highlights
- Corner-lot mixed-use asset with retail, residential, and garage
- Delivered vacant residential unit offers immediate upside
- Located in East New York near Montauk and Atkins Avenues
- Long-term deli tenant with lease through 2030 and annual escalations
- Projected 8.6% cap rate with pro forma NOI of $132,834
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1910
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.03 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
21’ on Blake Ave
Property Taxes
| Parcel Number | 04071-0031 | Improvements Assessment | $49,380 |
| Land Assessment | $4,680 | Total Assessment | $54,060 |
Property Taxes
Parcel Number
04071-0031
Land Assessment
$4,680
Improvements Assessment
$49,380
Total Assessment
$54,060
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