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500 4th Ave 2,056 SF Retail Condo Unit Offered at $1,949,000 in Brooklyn, NY 11215
Investment Highlights
- 70' Frontage Wrap Around | Great Signage Opportunity
- Built in 2010
- Pharmacy May Lease Back Space
- Prime Park Slope Location | High Traffic Area
- Can Be Delivered Vacant at Closing
- High Traffic Area | Close to Public Transportation
Executive Summary
Positioned in the heart of Park Slope, this exceptional retail property at 500 4th Ave, Brooklyn, NY 11215 presents a rare opportunity to acquire a modern commercial space in one of Brooklyn’s most established and high-traffic corridors. Built in 2010, the property features an impressive 70-foot wraparound frontage, offering outstanding visibility and exposure from multiple angles. The expansive storefront creates an excellent signage opportunity for businesses seeking a commanding street presence in a heavily trafficked area surrounded by thriving residential and commercial activity. Conveniently located near public transportation, the property benefits from continuous pedestrian and vehicular traffic throughout the day, making it ideal for a wide variety of retail, medical, or service-oriented uses. The space can be delivered vacant at closing, providing flexibility for an owner-user or investor, while the possibility of a pharmacy leaseback offers additional investment potential and income stability. This is a unique opportunity to secure a prime retail asset in one of Brooklyn’s most desirable neighborhoods.
Data Room Click Here to Access
- Market Information
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Conveniently located near public transportation, the property benefits from continuous pedestrian and vehicular traffic throughout the day, making it ideal for a wide variety of retail, medical, or service-oriented uses. The space can be delivered vacant at closing, providing flexibility for an owner-user or investor, while the possibility of a pharmacy leaseback offers additional investment potential and income stability. This is a unique opportunity to secure a prime retail asset in one of Brooklyn’s most desirable neighborhoods.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit COMM2 | 2,056 SF | Retail | $1,949,000 ($947.96/SF) | - |
Unit COMM2
| Unit Size |
| 2,056 SF |
| Condo Use |
| Retail |
| Price |
| $1,949,000 ($947.96/SF) |
| NOI |
| - |
Unit COMM2
| Unit Size | 2,056 SF |
| Condo Use | Retail |
| Price | $1,949,000 ($947.96/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Positioned in the heart of Park Slope, this exceptional retail property at 500 4th Ave, Brooklyn, NY 11215 presents a rare opportunity to acquire a modern commercial space in one of Brooklyn’s most established and high-traffic corridors. Built in 2010, the property features an impressive 70-foot wraparound frontage, offering outstanding visibility and exposure from multiple angles. The expansive storefront creates an excellent signage opportunity for businesses seeking a commanding street presence in a heavily trafficked area surrounded by thriving residential and commercial activity.<br> Conveniently located near public transportation, the property benefits from continuous pedestrian and vehicular traffic throughout the day, making it ideal for a wide variety of retail, medical, or service-oriented uses. The space can be delivered vacant at closing, providing flexibility for an owner-user or investor, while the possibility of a pharmacy leaseback offers additional investment potential and income stability. This is a unique opportunity to secure a prime retail asset in one of Brooklyn’s most desirable neighborhoods.</li></ul> |
Property Facts
| Total Building Size | 241,607 SF | Typical Floor Size | 14,455 SF |
| Property Type | Multifamily (Condo) | Year Built | 2010 |
| Property Subtype | Apartment | Lot Size | 0.50 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 12 | ||
| Zoning | R6B/C4-4D | ||
| Total Building Size | 241,607 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 14,455 SF |
| Year Built | 2010 |
| Lot Size | 0.50 AC |
| Opportunity Zone |
Yes |
| Zoning | R6B/C4-4D |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 156 | - | - |
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Park Chemist |
-
|
Jan 0000
|
| Hamilton Dental |
-
|
Jan 0000
|
Presented by
500 4th Ave
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