8720-8722 Flatlands Avenue, Brooklyn NY 11236

///8720-8722 Flatlands Avenue, Brooklyn NY 11236

8720-8722 Flatlands Avenue, Brooklyn NY 11236

Asset Commercial Realty Group has been exclusively retained to market 8720-8722 Flatlands Avenue, Brooklyn NY 11236. This property has heavy foot traffic as well as a strong retail corridor. Property is near the L train located in the Rockaway Parkway Station.

Details

Highlights & Remarks

  • Strong retail corridor with heavy foot and car traffic
  • Near the Rockaway Parkway Station servicing the
  • [L] train.
  • Retail Tenants pay for their own utilities
  • Minimal management asset
  • Additional Air Rights Available of 8,640 SF for a total allowable buildable of 10,800 SF
  • All residential units have been recently gut renovated

Additional Information

Asset Type

Retail

City

Brooklyn

Neighborhood

Canarsie

Price

1400000

Building Size

2,160

Cap Rate

6%

Net Operating Income

$84,420

 

Map

 

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Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com