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1118 Pennsylvania Ave
Brooklyn, NY 11207
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Situated on the highly trafficked Pennsylvania Avenue
  • Former Mattress Firm Store

EXECUTIVE SUMMARY

4,000 SF: 1st Floor
4,000 SF: 2nd Floor
2,000 SF: Basement Level
4,000 SF: Land
7,680 SF Lot Size (80' X 96')
Total of 9,000 SF with Parking lot which is attached to the building.
Vacant Lot To The Right Included
Also Available For Lease ($35 NNN) or Ground Lease

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1963/2015
Price
$4,400,000
Price Per SF
$440
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
0.66
Lot Size
0.35 AC
Zoning
M1-1 - M-1 Zoning, Retail and Industrial
Parking
15 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
45’ on Pennsylvania Avenue

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04412-0020
Land Assessment
$141,750
Improvements Assessment
$489,150
Total Assessment
$630,900
  • Listing ID: 26311604

  • Date on Market: 3/3/2020

  • Last Updated:

  • Address: 1118 Pennsylvania Ave, Brooklyn, NY 11207

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