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747 4th Ave
Brooklyn, NY 11232
NNN retail building w/ development potential · Retail Property For Sale
Property Facts
Property Type
Retail
Building Size
7,608 SF
Building Class
B
Year Built
2001
Building Height
1 Story
Building FAR
0.51
Lot Size
0.34 AC
Zoning
M1-1D - Commercial
Parking
10 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
150’ on Fourth Avenue
About 747 4TH AVE , BROOKLYN, NY 11232
Situated at the corner of Fourth Avenue and 25th Street, the 150 ft x 100 ft, M1-1D zoned lot is improved by a 7,600 SF building with a 7,400 SF parking lot/drive-thru. The existing retail building is currently NNN-leased by Dunkin' Donuts, with two years remaining on the lease and two, five-year options with the first option resetting at fair market value. The rent is currently significantly below market. An opportunity for both investors and developers looking to acquire a prime corner commercial property, 747 Fourth Avenue is only a few blocks from Industry City – one of the largest office developments in the borough – and easily accessible via the R train at the 25th Street station, the Prospect Expressway and the BQE.
Property Taxes
| Parcel Number | 00652-0001 | Improvements Assessment | $2,790,000 |
| Land Assessment | $599,400 | Total Assessment | $3,389,400 |
Property Taxes
Parcel Number
00652-0001
Land Assessment
$599,400
Improvements Assessment
$2,790,000
Total Assessment
$3,389,400
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