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537 Court St 1,700 SF Retail Condo Unit Offered at $1,200,000 in Brooklyn, NY 11231



Executive Summary
A MAGNIFICENT CORNER STORE ON A PRIME LOCATION!! CONSTRUCTION 2020 - Only 1 minute walk from the metro station - Lot of foot traffic - Fire alarm - Sprinklers - 2 means of egress -Bathroom -High ceiling -Great Lighting and Atmosphere - HUGE windows side -HVAC on both floors -Ground Level: 1050+ SF -Basement: 750 SF
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 6.67% |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Parking Spaces | 2 |
Description
A MAGNIFICENT CORNER STORE ON A PRIME LOCATION!!
CONSTRUCTION 2020
- Only 1 minute walk from the metro station
- Lot of foot traffic
- Fire alarm
- Sprinklers
- 2 means of egress
licensed Kindergarten for sale,
-Bathroom
-High ceiling
-Great Lighting and Atmosphere
- HUGE windows side
-HVAC on both floors
-Ground Level: 1050+ SF
-Basement: 750 SF
CONSTRUCTION 2020
- Only 1 minute walk from the metro station
- Lot of foot traffic
- Fire alarm
- Sprinklers
- 2 means of egress
licensed Kindergarten for sale,
-Bathroom
-High ceiling
-Great Lighting and Atmosphere
- HUGE windows side
-HVAC on both floors
-Ground Level: 1050+ SF
-Basement: 750 SF
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit retail | 1,700 SF | Retail | $1,200,000 ($705.88/SF) | $80,000 |
Unit retail
| Unit Size |
| 1,700 SF |
| Condo Use |
| Retail |
| Price |
| $1,200,000 ($705.88/SF) |
| NOI |
| $80,000 |
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Unit retail
| Unit Size | 1,700 SF |
| Condo Use | Retail |
| Price | $1,200,000 ($705.88/SF) |
| NOI | $80,000 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Parking Spaces | 2 |
| Description | |
| A MAGNIFICENT CORNER STORE ON A PRIME LOCATION!!<br> CONSTRUCTION 2020<br> - Only 1 minute walk from the metro station <br> - Lot of foot traffic <br> - Fire alarm<br> - Sprinklers<br> - 2 means of egress <br> licensed Kindergarten for sale,<br> <br> -Bathroom<br> -High ceiling <br> -Great Lighting and Atmosphere<br> - HUGE windows side <br> -HVAC on both floors<br> -Ground Level: 1050+ SF<br> -Basement: 750 SF</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,500 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,050 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1931 |
| Building Class | C | Lot Size | 0.04 AC |
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Total Building Size | 6,500 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 1,050 SF |
| Year Built | 1931 |
| Lot Size | 0.04 AC |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Nearby Major Retailers
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NY Home4U
537 Court St
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