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673 Manhattan Ave 3,340 SF 100% Leased Retail Building Brooklyn, NY 11222 $5,200,000 ($1,556.89/SF) 5.91% Cap Rate
EXECUTIVE SUMMARY
Investment Property Realty Group (IPRG) has been exclusively retained to sell 673 Manhattan Avenue. The subject property is located between Norman Avenue and Nassau Avenue in Greenpoint, Brooklyn.
The property offers 2 apartments and 1 store. The property is built 18.67 ft x 60 ft, offering approximately 3,840 square feet. 673 Manhattan Avenue sits on a 18.67 ft x 100 ft lot.
The property is located within walking distance to the G subway line at Nassau Avenue station.
The property offers 2 apartments and 1 store. The property is built 18.67 ft x 60 ft, offering approximately 3,840 square feet. 673 Manhattan Avenue sits on a 18.67 ft x 100 ft lot.
The property is located within walking distance to the G subway line at Nassau Avenue station.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,340 SF
Building Class
C
Year Built
1931
Price
$5,200,000
Price Per SF
$1,556.89
Cap Rate
5.91%
NOI
$307,320
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.92
Lot Size
0.04 AC
Zoning
R6A - Medium density residential district
Frontage
19’ on Manhattan Ave
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02645-0018 | Improvements Assessment | $136,380 |
| Land Assessment | $13,740 | Total Assessment | $150,120 |
PROPERTY TAXES
Parcel Number
02645-0018
Land Assessment
$13,740
Improvements Assessment
$136,380
Total Assessment
$150,120
CONTACTS
-
Luke Sproviero -
Donal Flaherty -
Corey Haynes -
Thomas Ventura -
Sal Monteverde -
Investment Property Realty Group
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673 Manhattan Ave
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