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24 4th Ave - 24 4th Ave 415 SF Medical Condo Unit in Brooklyn, NY 11217
INVESTMENT HIGHLIGHTS
- Tenants: Brooklyn Organic Market, Pacific Juice, NIOS, Brooklyn Mint Dental
- Total SF: 10,700 SF
EXECUTIVE SUMMARY
Ideally positioned just steps from the Atlantic Avenue–Barclays Center transit hub, which provides access to 9 subway lines and the LIRR, the property benefits from exceptional visibility, strong foot traffic, and a dense residential and office population. Surrounded by a vibrant mix of restaurants, boutique retailers, and cultural institutions, 24 4th Ave is located in one of Brooklyn’s most desirable and transit-rich neighborhoods—making it an ideal opportunity for investors seeking a stabilized, turnkey retail asset with long-term upside.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Building Size | 104,467 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,706 SF |
| Property Subtype | Apartment | Year Built | 2020 |
| Building Class | B | Lot Size | 0.28 AC |
| Zoning | R8A | ||
| Total Building Size | 104,467 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 8,706 SF |
| Year Built | 2020 |
| Lot Size | 0.28 AC |
| Zoning | R8A |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fitness Center
- Doorman
- Gameroom
- Roof Terrace
- Storage Space
- Elevator
- Lounge
- Zen Garden
- Green Community
1 UNIT AVAILABLE
Unit 4
| Unit Size | 415 SF | Sale Type | Investment |
| Condo Use | Medical | NOI | $825,910.08 |
| Unit Size | 415 SF |
| Condo Use | Medical |
| Sale Type | Investment |
| NOI | $825,910.08 |
DESCRIPTION
Verada, as exclusive agent, is pleased to offer for sale a vacant, single-story ground-floor community facility condominium located at the base of a 63-unit, 12-story residential condominium building.
SALE NOTES
Verada, as exclusive agent, is pleased to offer for sale a fully occupied retail condominium at the base of 24 4th Ave—a newly developed 12-story residential building with 63 luxury units, located in the heart of Boerum Hill, Brooklyn. This prime corner retail asset spans approximately 10,700 SF across the ground floor and lower level. Offers excellent frontage along Pacific Street and 4th Avenue.
The property is anchored by a curated mix of service-oriented and neighborhood-favorite tenants, including an Downtown Organic Market, Pacific Juice, Brooklyn Mint Dental, and NIOS Spa, offering both stability and long-term income security. Each tenant has completed high-quality build-outs tailored to their specific use, limiting future capital exposure for ownership.
Ideally positioned just steps from the Atlantic Avenue–Barclays Center transit hub, which provides access to 9 subway lines and the LIRR, the property benefits from exceptional visibility, strong foot traffic, and a dense residential and office population. Surrounded by a vibrant mix of restaurants, boutique retailers, and cultural institutions, 24 4th Ave is located in one of Brooklyn’s most desirable and transit-rich neighborhoods—making it an ideal opportunity for investors seeking a stabilized, turnkey retail asset with long-term upside.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | - |
| 1+1 | 16 | - | - |
| 2+2 | 18 | - | - |
| 3+2 | 15 | - | - |
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Downtown Brooklyn Organic |
-
|
Jan 0000
|
| NIOS |
-
|
Jan 0000
|
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24 4th Ave - 24 4th Ave
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