204 25th Street
2-Story Commercial: 50% Leased, Owner-User or Investor Upside, Prime Transit Access
Investment highlights
Occupied & Cashflowing: The first floor is currently occupied through 2029 by Elite Barbell, a successful gym, paying $14,000/mo with 3% annual increases.
Fitness Center Buildout: Currently equipped with HVAC, 400 Amps of electrical power, ADA compliant restrooms and showers, concrete floors, large rollup gate, driveway for loading, and large rear yard.
Owner User Potential: The second floor will be delivered vacant, with approx. 7,050 SF of space ready either for occupancy by an owner-user, or lease-up by a commercial investor.
Shared Office Buildout: Currently equipped with HVAC, ADA compliant restrooms, polished concrete floors, driveway for loading and deliveries, outdoor deck, conference rooms, and shared kitchen space.
Prime Subway Access: 100 feet from the R train entrance at 25th Street and 9 blocks to D, N, R trains entrance at 36th Street.
On-Site Parking & Loading: 15’ driveway on the east side of the building provides convenient access for loading and deliveries.
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