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888 Jamaica Ave 8,850 SF Retail Building Brooklyn, NY 11208 $8,000,000 ($903.95/SF) 3.75% Cap Rate
Investment Highlights
- Steps away from public transportation
- Corner Visibility in a High Foot and Vehicle Traffic Area
- Located near other retail stores and restaurants
Executive Summary
The building is was formerly occupied with a Family Dollar, and will be delivered vacant. This building is located in a high traffic area off of Jamaica Avenue and Autumn Avenue. It is conveniently placed on a corner lot next to the J Train. There are a few retail stores and restaurants in the neighborhood such as Western Beef Supermarket, AMDUSA Inc, Desire's Dominican Cakes, and Dany's Pizza.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,850 SF
Building Class
B
Year Built/Renovated
2015/2018
Price
$8,000,000
Price Per SF
$903.95
Cap Rate
3.75%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.27 AC
Zoning
M1-1 - Light industrial with offices, hotels, and most retail uses permitted
Parking
8 Spaces (0.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
Space Availability
- Space
- Size
- Space Use
- Position
- Available
8,850 Square Feet of Retail For Lease at $35 per square foot net.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,850 SF | Retail | End Cap | 30 Days |
1st Floor
| Size |
| 8,850 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1st Floor
| Size | 8,850 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
8,850 Square Feet of Retail For Lease at $35 per square foot net.
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04107-0041 | Improvements Assessment | $474,300 |
| Land Assessment | $245,700 | Total Assessment | $720,000 |
Property Taxes
Parcel Number
04107-0041
Land Assessment
$245,700
Improvements Assessment
$474,300
Total Assessment
$720,000
1 of 5
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Contact the Sale Advisor
888 Jamaica Ave