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- Description:This retail property represents a compelling investment opportunity in Mariner's Harbor, celebrated for its historic charm and cultural vibrancy, making it an appealing choice for astute investors.
- Neighborhood: Mariner's Harbor
- Lot Size: 38,781 SF (162.02′ x 215.88′)
- Building Size: 12,900 SF (100′ x 100′)
- Number of Unit: 1
- Zoning: R3-2, C8-1
- F.A.R (As Built): 1 (0.37)
- Total Buildable: 38,781 SF +/-
- Cross Streets: Forest Ave & Spirit Ln
- Year Built: 2007
- Asking Price: $12,000,000
- Cap Rate: 5.17%
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- Description: Single Story Multi-Family Property in the heart of East New York, Brooklyn
- Neighborhood: East New York
- Lot Size: 3,600 SF (60′ x 60′)
- Building Size: 3,400 SF (60′ x 60′)
- Zoning: R5
- F.A.R (As Built): 1.25 (0.94)
- Total Buildable: 4,500 SF +/-
- Cross Streets: Berriman St & Shepherd Ave
- Year Built: 1929
- Asking Price: $899,000
- Projected Cap Rate: 10.34%
- Projected GRM: 7.4
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- Asking Rent: $ 65 PSF
- Size Available:
- 4,100 SF ~ Ground Floor
- 1,230 SF ~ Mezzanine
- 5,330 SF ~ Total Available
- Frontage: 40 Feet on 5th Street
- Asset Type: Residential, Office
- Ceiling: 20 Feet
- Transportation: [E], [M], [G], [7] subway lines
- Zoning: M1-4/ R6A
- Contruction: 2017
- Cross Streets: 47th Avenue & 47th Road