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852-854 Rogers Ave 6,457 SF 100% Leased Retail Building Brooklyn, NY 11226 $3,200,000 ($495.59/SF) 6.71% Cap Rate
Investment Highlights
- 100% free-market with no history of rent stabilization or rent control
- Fully renovated with high-end appliances, fixtures, dishwashers, and central air
- 2 & 5 trains two blocks away at Church Avenue with access to Manhattan
- Currently grossing ~$300K with separate utilities and NOI of $215,000
- ~3,500 SF of unused air rights for upward or outward expansion (R6 / C2-3)
- Within blocks of grocery stores, restaurants, retail, and fitness centers
Executive Summary
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,457 SF
Building Class
C
Year Built
1931
Price
$3,200,000
Price Per SF
$495.59
Cap Rate
6.71%
NOI
$214,729
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.08 AC
Zoning
R6, C2-3 Brooklyn
Parking
1 Spaces (0 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Koilz Unisex Salon
- Services
- -
- -
- -
-
Jan 0000
- Your Hair Plugs
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Koilz Unisex Salon | Services | - | - | - | Jan 0000 | |
| Your Hair Plugs | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05104-0103 | Improvements Assessment | $468,450 |
| Land Assessment | $22,500 | Total Assessment | $490,950 |
Property Taxes
Parcel Number
05104-0103
Land Assessment
$22,500
Improvements Assessment
$468,450
Total Assessment
$490,950
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852-854 Rogers Ave
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