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177 7th Ave 6,800 SF Retail Building Brooklyn, NY 11215 $4,750,000 ($698.53/SF) 6.58% Cap Rate
Investment Highlights
- Heavy Foot Traffic
- Beautifully Maintained
- Exceptional Location
Executive Summary
Prime Park Slope location; 7th Avenue between 1st and 2nd St. 2 Stores plus 6 residential units. 3 free market res units, 2 rent stabilized (now vacant), 1 rent control.
Excellent opportunity for long term investment, also great for owner/user.
Excellent opportunity for long term investment, also great for owner/user.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,800 SF
Building Class
C
Year Built
1900
Price
$4,750,000
Price Per SF
$698.53
Cap Rate
6.58%
NOI
$312,550
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.60
Lot Size
0.06 AC
Zoning
R6A - Medium density residential district
Frontage
Amenities
- Roof Terrace
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01076-0006 | Improvements Assessment | $1,316,700 |
| Land Assessment | $24,750 | Total Assessment | $1,341,450 |
Property Taxes
Parcel Number
01076-0006
Land Assessment
$24,750
Improvements Assessment
$1,316,700
Total Assessment
$1,341,450
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Presented by
Townsley & Gay LLC
177 7th Ave
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