Floor of the building with commercial premises, Brooklyn, New York, USA

Additional information is provided after the signing of an NDA

Floor of the building with commercial premises, Brooklyn, New York, USA

$5,485,000
$1,832 /m²
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  • Total area
    2,993 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    $10.1
  • Built in 
    2002
Details
Property parameters
  • Total premises: 9
  • Number of parking lots: 6
Financial performance
  • Annual income: $378,588
Tenants
  • Fully let

A floor with commercial premises in a mixed-use building in Brooklyn.

Description

Asset Type: Community Facility Condo.

The building is leased for medical facilities and office premises at both the upper and lower levels.

Financial performance

The cost of the property is 5,485,000 $.

The absolute annual income is 383,940 $.

The current yield is 7,0%.

Tenants

The building is fully rented by several tenants.

Type of lease: NNN Lease (in addition to the base lease, the tenant is responsible for paying some or all of the costs associated with real estate — property taxes, insurance and maintenance).

Location

The property is located in Brooklyn (the western part of Long Island). Brooklyn is the most populated borough of New York — more than 2.6 million inhabitants.

3 bridges connect Brooklyn with Manhattan, and 1 — with the Staten Island area. Brooklyn is served by a number of routes of the New York underground. The area has 56 bus lines, including express routes linking Brooklyn and Manhattan. There is a suburban train station in Brooklyn, from where the electric trains go to the suburban part of Long Island.

The property is within a walking distance from F and G metro lines, Prospect Expressway and Ocean Parkway are also easily accessible.

Transport accessibility:

  • La Guardia Airport — 30 minutes by taxi (without traffic jams)
  • John F. Kennedy Airport — 25 minutes by taxi (without traffic jams)
  • Wall Street/ Financial District — 33 minutes by metro
  • Times Square — 40 minutes by metro

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in the USA.

You can see more mixed-use buildings for sale in Brooklyn elsewhere on our website.

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