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- LoopNet Team
196 25th St
Brooklyn, NY 11232
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Storage Space
ABOUT 196 25TH ST , BROOKLYN, NY 11232
Huge 4,800 sqft corner commercial building, with a total of 3 units, located on the main corridor of 4th Avenue with plenty of shops, bars, restaurants, and hotels. With 37' of frontage and steps from the R Subway, the property is centrally located in a prime location of Greenwood Heights/South Park Slope and just north of Sunset Park. The corner unit is rented to a Deli with about a 2-year lease left. The adjacent unit is currently vacant and served as an office for the owner. The top floor unit spans the entire width and length of the building and is being used as a party hall, rented on a case-by-case basis. Two units can be delivered vacant. Zoning is M1-1D. Property taxes are about $37,000 a year. Great building for a NN/NNN lease for the new owner. Across the street from big box retailers like C-Town Supermarkets, Dunkin' Donuts, and Baskin Robbins. Short distance to Costco and Brooklyn's newest creative hub, Industry City. Ideal property for a 1031 Exchange.
PROPERTY TAXES
| Parcel Number | 00655-0007 | Improvements Assessment | $371,700 |
| Land Assessment | $15,750 | Total Assessment | $387,450 |
PROPERTY TAXES
