2001 Rockaway Pky | Brooklyn, NY 11236
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- LoopNet Team
2001 Rockaway Pky
Brooklyn, NY 11236
Bank of America · Retail Property For Sale
Investment Highlights
- Rare Brooklyn single tenant net lease investment opportunity on a major commercial corridor with parking on site, strong foot traffic and tremendous
- 10% rent increases every 5 years provides a strong hedge against inflation
- The tenant, Bank of America N.A., maintains an investment grade S&P credit rating of ‘A+’
- Brand new 15-year lease to best-in-class corporate tenant with limited landlord responsibilities
- Bank of America reported 2021 revenues of $89 billion, net income of $32 billion, and total stockholders’ equity of $270 billion
- Hard corner, signalized intersection location with and traffic counts over 47,700 vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,198 SF
Building Class
C
Year Built/Renovated
1966/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.32 AC
Zoning
R5
Parking
15 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 08300-0008 | Improvements Assessment | $729,450 |
| Land Assessment | $156,150 | Total Assessment | $885,600 |
Property Taxes
Parcel Number
08300-0008
Land Assessment
$156,150
Improvements Assessment
$729,450
Total Assessment
$885,600
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