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440 Avenue P
Brooklyn, NY 11223
Retail Property For Sale

Property Facts
About 440 AVENUE P , BROOKLYN, NY 11223
Banco Santander (Rated "Baa3" by Moody's) is the 37th largest publicly traded company in the world. They have annual revenue of just over $76 Billion, and a net worth of $1.3 Trillion. Banco Santander operates 14,392 branches and has 102 million customers. The entire 3,193 square feet on the second floor is occupied by Childcare Staffing Inc, which has a lease through May 2022. Childcare Staffing Inc has 3% yearly rental increases. In addition, they contribute 33% of all the property's real estate taxes above their base-year. This is the rare opportunity to acquire a 100% occupied retail bank property in Brooklyn with strong deposit and located directly down the street from the subway. The property is located one block from the Avenue P Train Station (F Train) on the corner of Avenue P and McDonald Avenue.
Property Taxes
| Parcel Number | 06634-0008 | Improvements Assessment | $737,550 |
| Land Assessment | $90,000 | Total Assessment | $827,550 |
Property Taxes
Listing ID: 11758308
Date on Market: 2/28/2018
Last Updated:
Address: 440 Avenue P, Brooklyn, NY 11223
The Gravesend Retail Property at 440 Avenue P, Brooklyn, NY 11223 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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