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32319253
32319252

500 4th Avenue, Unit COMM2, Brooklyn, NY 11215

AA
NY NY 0000
Commercial Acquisitions
Listed by Commercial Acquisitions
$1,949,000
30 days on market
Updated 29 days ago
Opportunity zone

500 4th Ave, Unit COMM2

Details
APN 28-4806000
Property Type Retail
Square Footage 2,054
Units 8
Cap Rate 7.26%
NOI $16,709
Occupancy 100%
Tenancy Single
Year Built 2010
Lot Size (SqFt) 32,220,804
Zoning R6B, C4-4D
Ground Lease No

Commercial Retail Condo - Corner Unit - Prime Park Slope

Marketing description

Positioned in the heart of Park Slope, this exceptional retail property at 500 4th Ave, Brooklyn, NY 11215 presents a rare opportunity to acquire a modern commercial space in one of Brooklyn’s most established and high-traffic corridors. Built in 2010, the property features an impressive 70-foot wraparound frontage, offering outstanding visibility and exposure from multiple angles. The expansive storefront creates an excellent signage opportunity for businesses seeking a commanding street presence in a heavily trafficked area surrounded by thriving residential and commercial activity.

Conveniently located near public transportation, the property benefits from continuous pedestrian and vehicular traffic throughout the day, making it ideal for a wide variety of retail, medical, or service-oriented uses. The space can be delivered vacant at closing, providing flexibility for an owner-user or investor, while the possibility of a pharmacy leaseback offers additional investment potential and income stability. This is a unique opportunity to secure a prime retail asset in one of Brooklyn’s most desirable neighborhoods.

Investment highlights

- 70' Frontage Wrap Around

- Built in 2010

- Prime Park Slope Location

- Great Signage Opportunity

- High Traffic Area

- Can Be Delivered Vacant at Closing

- Pharmacy May Lease Back Space

- Located in a High Traffic Area

- Close to Public Transportation

Listing Contacts

AA
NY NY 0000
Commercial Acquisitions
Listed by Commercial Acquisitions

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$16,708.73
$1,392.39/mo

Valuation Metrics

0
DSCR
0.86%
Cap Rate
0.86%
ROI

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Additional Information

Name
Arsen Atbashyan
License
NY 0000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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