This Multifamily Property is no longer advertised on LoopNet.com.

613 4th Ave
Brooklyn, NY 11215
Arbor Eighteen · Multifamily Property For Sale · 73 Units

Investment Highlights

  • Fully leased retail condo at the base of 613 4th Avenue, a boutique mixed-use building in South Slope
  • Features 125 feet of wraparound glass frontage and 12-foot ceiling heights for strong visibility and branding
  • NN lease structure with tenant responsible for taxes and CAM—offering minimal landlord obligations
  • ±3,307 SF total across ground floor (1,847 SF) and lower level (1,460 SF)
  • Leased to Workers Justice Project, a well-capitalized nonprofit serving low-wage and immigrant workers in NYC
  • Lease terms: Commencement June 15, 2025 | Rent starts December 15, 2025 | Expiration December 15, 2032

Executive Summary

Verada, as exclusive agent, is pleased to offer for sale a fully leased retail condominium at the base of 613 4th Avenue, a boutique mixed- use building located in the rapidly evolving South Slope neighborhood of Brooklyn. The offering spans approximately 3,307 square feet across the ground floor (1,847 SF) and lower level (1,460 SF), and features 125 feet of wraparound glass frontage with 12-foot ceiling heights, providing excellent visibility and branding potential. The space is leased to Workers Justice Project, a highly respected and well-capitalized nonprofit organization advocating for low-wage and immigrant workers across New York City. The lease is structured as NN, with the tenant responsible for real estate taxes and common area maintenance, ensuring stable cash flow and limited landlord obligations. The anticipated lease commencement date is June 15, 2025, with rent commencing December 15, 2025, and a lease expiration of December 15, 2032. Positioned less than one block from the Prospect Avenue D/N/R subway station, the property benefits from strong transit access and growing neighborhood density fueled by new residential development and shifting demographics. This offering presents a unique opportunity to acquire a stabilized, mission-driven retail asset in a high-growth Brooklyn corridor.

Property Facts

No. Units 73
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.29 AC
Building Size 64,981 SF
No. Stories 11
Year Built 2018
APN / Parcel ID
00631-1201
  • 00631-1204
  • 00631-1205
  • 00631-1234
  • 00631-1239
  • 00631-1244
Zoning R8A, R6B, EC-1, C2-4 - High density residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Roof Terrace
  • Bicycle Storage
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 73 - -
  • Listing ID: 33233274

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 613 4th Ave, Brooklyn, NY 11215

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