Log In/Sign Up
Your email has been sent.
1156 Liberty Ave 4,780 SF 100% Leased Office Building Brooklyn, NY 11208 $1,800,000 ($376.57/SF) 8.44% Cap Rate
Investment Highlights
- Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!!
- The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!!
- This Property Offers HUGE Upside Potential!!!
- The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, 6 Parking Spaces, 200 Amp Power, CAC, +++!!!
- Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!!
Executive Summary
Calling All Investors, Developers, & End-Users!!! 3 Unit 4,780 Sqft. Mixed-Use Building On Liberty Avenue In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure,, Strong R5/C1-2 Zoning, High 11’ Ceilings, Security System,, Low Property Taxes, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Cypress Hills 2 Blocks From N Conduit Ave. & Minutes From Forest Park Golf Course!!! Neighbors Include Stop & Shop, Key Food, Dunkin’, LA Fitness, Mobil, Wendy’s, Subway, Checker’s, Burger King, Dollar Tree, White Castle, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
1st Floor (Jewelry Store 600 Sqft.): $33,000 Ann.
Pro Forma Gross Income: $177,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $151,881 Ann.(8.44% Cap)!!!
Income:
3rd Floor (Computer/Shipping Company): $36,000 Ann.; Lease Exp.: 2028.
2nd Floor (Hair Salon): $36,000 Ann.; Lease Exp.: 2029.
1st Floor (Clothing Store): $72,000 Ann. Will Be Delivered Vacant.
1st Floor (Jewelry Store 600 Sqft.): $33,000 Ann.
Pro Forma Gross Income: $177,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $420 Ann.
Insurance: $1,823 Ann.
Taxes: $22,626 Ann.
Total Expenses: $25,119 Ann
Net Operating Income (NOI): $151,881 Ann.(8.44% Cap)!!!
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$177,000
|
$98.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$177,000
|
$98.33
|
| Taxes |
$22,626
|
$12.57
|
| Operating Expenses |
$2,493
|
$1.39
|
| Total Expenses |
$25,119
|
$13.96
|
| Net Operating Income |
$151,881
|
$84.38
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $177,000 |
| Annual Per SF | $98.33 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $177,000 |
| Annual Per SF | $98.33 |
| Taxes | |
|---|---|
| Annual | $22,626 |
| Annual Per SF | $12.57 |
| Operating Expenses | |
|---|---|
| Annual | $2,493 |
| Annual Per SF | $1.39 |
| Total Expenses | |
|---|---|
| Annual | $25,119 |
| Annual Per SF | $13.96 |
| Net Operating Income | |
|---|---|
| Annual | $151,881 |
| Annual Per SF | $84.38 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,780 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$1,800,000
Price Per SF
$376.57
Cap Rate
8.44%
NOI
$151,881
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,593 SF
Building FAR
2.68
Lot Size
0.04 AC
Zoning
R5/C1-2
Parking
6 Spaces (1.26 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (91)
Property Taxes
| Parcel Number | 04203-0120 | Total Assessment | $248,850 |
| Land Assessment | $29,250 | Annual Taxes | $22,626 ($4.73/SF) |
| Improvements Assessment | $219,600 | Tax Year | 2025 |
Property Taxes
Parcel Number
04203-0120
Land Assessment
$29,250
Improvements Assessment
$219,600
Total Assessment
$248,850
Annual Taxes
$22,626 ($4.73/SF)
Tax Year
2025
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1156 Liberty Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.