Listed by RIPCO Real Estate
$1,425,000
8895 26th Ave
Details
Property Type Land
Sub Type Commercial
Square Footage 3,348
Units 1
NOI $144,000
Tenancy Single
Zoning R5
Investment Type Owner/User
Land
Marketing description
Vacant ground-floor condominium in a 10-year-old building located at 8895 26th Ave, Brooklyn, NY 11214. The property offers an opportunity to occupy the space or lease to a community facility, featuring a large 3,348 SF open floor plate with 2 separate bathrooms. Excellent location near the busy Gravesend Bay waterfront with a 421a tax benefit in-place.
Investment highlights
- Vacant ground-floor condominium in a 10yr old building
- Opportunity to occupy the space or lease to a community facility
- Large 3,348 SF open floor plate
- 2 separate bathrooms
- 421a benefit in-place offsets property taxes
- Excellent location near the busy Gravesend Bay waterfront
- Nearby tenants include Target, Best Buy, BJ's Kohl's, Home Depot and Mercedes Benz of Brooklyn
- Several large parks within a few blocks including Calvert Vaux Waterfront Park, Adventurers Amusement Park & Bensonhurst Park
- 4 blocks from the D subway train at 25th Avenue and 1 block from Belt Pkwy
- Located near the Coney Island MTA hub
Listing Contacts
Listed by RIPCO Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo
Valuation Metrics
0
DSCR
10.11%
Cap Rate
10.11%
ROI
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Property History
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