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Commercial condominium in Brooklyn with redevelopment option and projected yield of 6%

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Commercial condominium in Brooklyn with redevelopment option and projected yield of 6%

5,396,000 €
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Total area: 313 m² Yield: 6.0%
  • Absolute return: 307,050 €
  • 5-floor building
  • 2 floor
  • Total premises: 2
  • Redevelopment

It is a commercial premises in Williamsburg, Brooklyn, NYC.

Description

The premises which currently used as an office and a shop located on the first two floors of a residential condominium.

The total area is 313 m².

The entire commercial condominium will be delivered vacant and an investor can immediately take advantage of the rapidly growing retail rents in the neighborhood.

This is an excellent opportunity for an investor to purchase a NNN asset.

Financial performance

Projected income is 348,981 $.

Projected yield of 6%.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in New York City
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