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26432425
26432426

1435 64th Street, Brooklyn, NY 11219

Parkside Property Group
Listed by Parkside Property Group
$3,495,000
290 days on market
Updated 5 days ago

6326 New Utrecht Avenue AKA 1435 64th Street. Brooklyn, NY

Details
Property Type Retail, Office (+1)
Sub Type Traditional Office, Executive Office (+1)
Square Footage 6,540
Net Rentable (SqFt) 5,950
Cap Rate 6.07%
NOI $212,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Verizon Wireless, AT&T (+1)
Lease Type Modified
Rent Bumps Yes
Price per SqFt $534
Class A
Year Built 1920
Year Renovated 2022
Buildings 1
Stories 3
Lot Size (SqFt) 2,205
Zoning M1-1
Investment Type Owner/User
Tenant Credit Credit Rated
Occupancy Date 08/01/2022
Sale Condition For sale by owner

Turn-key and very attractive for the right End User

Marketing description

Corner Trophy Building for Sale. Beautifully Gut Renovated in 2022. Heavy daytime foot traffic. Right off 65th Street, a major Intersection. Ground Retail Storefront/Office duplex will be delivered Vacant. Great value for an End-user. Strong Tenant Occupancy. Separate Utility Meters. Separate Hot Water Tanks. Close to Public Transportation and a block away from the D Subway Lines.

Located in the Borough Park neighborhood of Brooklyn between 63rd St & 64th St near the New Utrecht Ave & 62nd St subway stations. Nearest Transit: N train at New Utrecht Ave & D train at 62nd St. The B9, B64, & B16 bus lines. Nearby tenants include Dunkin', Baskin Robin's, Burger King, Mondial Tiles, Taishan Flower Shop, Five Star Variety Store, La Cholita Mexicana, D & S Bakery Inc, Kathy Yavarkovsky Inc, NEW UTRECHT TILE & CABINET INC, Dragon Master Auto Sound & Security, Tacos Oaxaca, and more!

6326 New Utrecht Avenue presents a prime mixed-use investment opportunity in the heart of Borough Park, Brooklyn. This property offers strong potential for both owner-users and investors, with a ground-floor retail/commercial unit and great tenants above. The building provides excellent frontage along the busy New Utrecht Avenue corridor, ensuring steady visibility in a densely populated neighborhood. With its dual-income setup and location in one of Brooklyn’s most established communities, the property is well-positioned for long term value and stable returns

Strategically located near 63rd Street, 6326 New Utrecht Avenue benefits from exceptional connectivity in Borough Park, one of Brooklyn’s most vibrant and established neighborhoods. The property sits along a heavily trafficked retail corridor lined with shops, restaurants, and service providers, and is supported by strong local demographics. The nearby 62nd Street D subway station provides convenient transit access, drawing consistent pedestrian activity to the area. Surrounded by a diverse mix of local businesses, grocery stores, and professional offices, this location offers a reliable tenant base and strong demand for both commercial and residential uses.

Investment highlights

  • Corner semi-detached building - 5 great tenants, plus a ground level retail store/office duplex ideal for an end-user.
  • Steps from the N & W Trains and the B9 Bus Stop
  • Lot Dimensions: 22 x 100
  • First Floor Dimensions: 22 x 100
  • Upper Two Floor Dimensions: 22 x 70
  • Building Size: 5,250 SF Excluding a 1800 Sq. Ft. Built-to-Suit Basement.
  • Zoning: M1-1
  • Total Units: 6
  • Occupancy Rate: 100%
  • Current Cap: 5.7%
  • Delivered: AS IS
  • Building Class: A

Listing Contacts

Parkside Property Group
Listed by Parkside Property Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$212,000.00
$17,666.67/mo

Valuation Metrics

0
DSCR
6.07%
Cap Rate
6.07%
ROI

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Additional Information

Name
Sam Steinberg
License
NY
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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