$10,500,000.00
Asset Commercial Realty Group has been exclusively retained to market 5107-5111 4th Avenue, a fully leased commercial Building in the Sunset Park neighborhood of Brooklyn.
The building spans a total of 15,000 SF with 5,000 SF floor plates on the ground, second, and cellar levels. The entire building is 100% leased to Blink Fitness which has a new 15-year lease with one-5 year option and has 10% increases every five years, including the option(s) period.
Highlights:
| Asset Type | Retail, Single Tenant Net Lease (STNL) |
|---|---|
| City | Brooklyn |
| Neighborhood | Sunset Park |
| Price | 10,500,000 |
| Building Size | 15,000 SF |
| Cap Rate | 4.81% |
| Net Operating Income | $504,700 |
Development Opportunity on Jefferson Avenue. Two blocks away from the Halsey Street Train Station and down the block from the Q24 Bus
Total Built: 51,000 SF. Total Buildable: 105.144 SF. Tenants pay for their own utilities and gas. Property is near major highways and roads and multiple local & express buses. Property is walking distance to the 7 train
Three story mixed-used brick building for sale in Brooklyn. Delivered vacant.
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.
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