82 Suydam Street
Retail | 7.35% CAP | 3,116 SqFt
Marketing description
Prime +/-3,116 SF Retail Building Available For Sale or Lease in Bushwick, Brooklyn. This building features a +/-2,434 SF ground floor with +/-682 SF mezzanine, 22' Ceiling Height, Two restrooms and a full basement with 10' ceiling height. Equipped with 400 Amp electrical service and C2-3 Zoning. Will be delivered vacant July 2026.
Asking Rent: $50 PSF x 3,116 SF = $155,800 / 12 = $12,983 CAM: $381 Taxes: $1,241 Total: $14,605 per month
Location Description
Immersed in the eclectic neighborhood of Bushwick, the location offers a vibrant and diverse community for retail enthusiasts. Surrounded by an array of trendy art galleries, artisanal coffee shops, and renowned street art, the area boasts an electric atmosphere, drawing both local residents and visitors alike. The property is just a short stroll from the iconic Bushwick Collective, a renowned outdoor street art gallery, as well as the bustling Maria Hernandez Park, providing an inviting backdrop for retail businesses. With its thriving arts scene and dynamic local culture, this location presents an exciting opportunity for retail or street retail investors and tenants looking to become part of a flourishing urban landscape.
Investment highlights
Sale Price: $2,100,000
Lease Price: $50 PSF x +/-3,116 SF = $155,800 / 12 =$12,983.33
CAM: $381
Taxes: $2,501.90
Total: $15,866
CAM=Insurance
Potential live work for buyer.
Buyer must verify zoning compliance independently.
22' Ceilings
C2-3 Zoning
Full Basement with 10' Ceilings
400 Amp Electrical Service
Built 2020
Data Room Link: https://drive.google.com/drive/folders/1x9h11Jmp9_N4AtZGdDhJNeUqoZRGgAPJ?usp=drive_link
Zoning: C2-3 https://zola.planning.nyc.gov/l/lot/3/3215/7501?search=true#18.52/40.6971813/-73.9289601
Electrical Service: 400 amps
Year Built: Finished 6/23/2020
RE Taxes: $30,023
Tenant Pays 1/2 of RE Taxes
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