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45 Claver Pl 4,700 SF 47% Leased Retail Building Brooklyn, NY 11238 $4,800,000 ($1,021.28/SF) 4.97% Cap Rate

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Investment Highlights

  • Fully Occupied Investment Property
  • Commercial Lease Escalates to 15K By Year 3
  • Premium Location on Fulton Street & Claver Place

Executive Summary

5-cap investment sale property located on busy corner of Fulton Street. Bi-level retail space with 3 apartments that you'll never have trouble leasing. Great income-producing property perfect for all-cash buyers looking for an attractive long-term asset.

Data Room Click Here to Access

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,700 SF
Building Class
C
Year Built
1930
Price
$4,800,000
Price Per SF
$1,021.28
Cap Rate
4.97%
NOI
$238,560
Percent Leased
47%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.11 AC
Zoning
R6, Brooklyn (C2) - R6 district is a medium-density residential zone, C2 district is a commercial zone, specifically a commercial overlay
Frontage
29’ on Fulton St

Amenities

  • Corner Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,250-2,500 SF
  • Retail
  • -
  • Now

This property has a ground floor space (1250 SF) and a Lower Level space (1250 SF). Ownership would consider divisions, where a tenant can take either the ground floor space or the lower level space.

Space Size Space Use Position Available
1st Floor 1,250-2,500 SF Retail - Now

1st Floor

Size
1,250-2,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,250-2,500 SF
Space Use Retail
Position -
Available Now

This property has a ground floor space (1250 SF) and a Lower Level space (1250 SF). Ownership would consider divisions, where a tenant can take either the ground floor space or the lower level space.

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

PureGym
Coast To Coast LLC
Golden Krust Caribbean Restaurants
Ridgewood Savings Bank
Planet Fitness
CrossFit
Bravo Supermarkets
Key Food
Met Foodmarkets
9Round

Property Taxes

Property Taxes

Parcel Number
01997-0061
Land Assessment
$29,250 (2025)
Improvements Assessment
$304,650 (2025)
Total Assessment
$333,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021
  • Listing ID: 27309405

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 45 Claver Pl, Brooklyn, NY 11238

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