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894-896 Manhattan Ave
Brooklyn, NY 11222
Office Property For Sale
Investment Highlights
- Long Term Credit Tenant in Place on Ground Floor – Citizens Bank (BBB+ Credit Rating)
- Located directly in front of the G Train Subway Stop (Manhattan Avenue)
- Low Taxes - $63,713
- Potential to reposition the upper floors as leases expire
- City of Yes allows for the conversion of the upper floors to residential using an FAR of 3.9 (UAP) for a total buildable of 14,332 SF with NO PARKING
Property Facts
Property Type
Office
Property Subtype
Building Size
11,025 SF
Building Class
C
Year Built
1931
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,675 SF
Slab To Slab
10’
Building FAR
2.53
Lot Size
0.10 AC
Zoning
C4-3A (R6A Equivalent) - General commercial zoning district with an R6A equivalent allowing for a conversion of the upper floors to residential use subject to LPC Approval.
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
Property Taxes
| Parcel Number | 02574-0001 | Improvements Assessment | $1,277,100 |
| Land Assessment | $84,600 | Total Assessment | $1,361,700 |
Property Taxes
Parcel Number
02574-0001
Land Assessment
$84,600
Improvements Assessment
$1,277,100
Total Assessment
$1,361,700
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