The Nowak Group of Marcus & Millichap has been retained to exclusively arrange the sale of 8810 Avenue J, a new-construction, three-story elevator ADA-compliant building located on Avenue J between E 88th and E 89th Street in the Canarsie neighborhood of Brooklyn, NY. The building is built 62 ft x 60 ft on a 70 ft x 100 ft lot. The property totals 9,500 gross square feet and is zoned R5B.
Construction was completed in 2020, beginning a 15-year ICAP tax abatement which substantially lowers operating expenses for an owner, or increases NOI for an investor. The new building features 12-car parking in an indoor garage, with additional on-site parking outside. The building is also being offered for lease.
8810 Avenue J offers business operators and investors the opportunity to purchase a vacant, new-construction turnkey building for any office or community facility use, configured for single or multi tenant, or owner-occupancy.
