Five Building Mixed Use Assemblage 5 Retail Properties Offered at $6,300,000 in Brooklyn, NY

INVESTMENT HIGHLIGHTS

  • Fort Hamilton Parkway Corner Five Building Mixed Use Assemblage
  • Only Three Subway Stops into Manhattan | Two Blocks to “D” Subway Line
  • Ten Free Market Apartments
  • Corner Retail | Over 100 Feet of Dual Retail Frontage on Fort Hamilton Parkway & 39th Street
  • Buildings Gut Renovated Within Past 8 Years
  • Tenants Responsible for Heating/Hot Water Expense

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to offer 3818-3824 Ft. Hamilton Parkway & 1071 39th Street, located on the corner of Ft. Hamilton Parkway and 39th Street in the Borough Park section of Brooklyn, New York.
The subject properties, 3818-3824 Ft. Hamilton Parkway & 1071 39th Street, are five three-story mixed-use buildings that consist of five retail units, 6 two-bedroom, and 4 three bedroom apartments with approximately 17,300 combined gross square feet. The properties are zoned M1-2 (Block: 5288, Lots: 49, 50, 51, 52, 55).
3818 Ft. Hamilton Pkwy is built full to the lot, 19.31 by 89 feet on the first floor and 19.31 by 52 feet on the second and third
floors.
3820 Ft. Hamilton Pkwy is built full to the lot, 17.95 by 85.50 feet on the first floor and 17.96 by 50 feet on the second and third
floors.
3822 Ft. Hamilton Pkwy is built full to the lot, 18.29 by 82.50 feet on the first floor and 18.29 by 50 feet on the second and third
floors.
3824 Ft. Hamilton Pkwy is built full to the lot, 21.53 by 78.50 feet on the first floor and 21.53 by 51.50 feet on the second and
third floors.
1071 39th Street is built 20 by 50 feet on the first through third floors.
This property offers investors the rare opportunity to purchase five gut renovated, corner mixed use buildings with over 100 feet of retail frontage and free market apartments located at a busy intersection on Fort Hamilton Parkway in the Borough Park section of Brooklyn, New York.

PROPERTY FACTS

Price $6,300,000
Price / SF $210.22 / SF
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 29,968 SF
Total Land Area 0.30 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
3818 Fort Hamilton Pky, Brooklyn, NY 11218 Retail 17,960 SF 1931 -
1071 39th St, Brooklyn, NY 11219 Retail 4,418 SF 1931 -
3824 Fort Hamilton Pky, Brooklyn, NY 11219 Retail 2,832 SF 1931 -
3822 Fort Hamilton Pky, Brooklyn, NY 11219 Retail 2,525 SF 1931 -
3820 Fort Hamilton Pky, Brooklyn, NY 11219 Retail 2,233 SF 1931 -
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  • Listing ID: 18094286

  • Date on Market: 1/6/2020

  • Last Updated:

  • Address: Five Building Mixed Use Assemblage, Brooklyn, NY