For Sale: Mixed Use Brooklyn Portfolio

$19,999,999

Description

ERG Commercial Real Estate is proud to represent the sale of this premier mixed use real estate portfolio located in the Bensonhurst and Sunset Park neighborhoods of Brooklyn. This two building package consists of 85 residential units and 7 commercial units. These corner properties are both located on the main corridors of 4th Avenue and Bay Parkway with high foot traffic and easy access to main transportation. The properties are equipped with large apartments with an arrangement of 1,2 and 3 bedroom apartments. The properties are fully occupied with the exception of the Day Care in Bay Parkway that has been recently built out and ready to be rented as well as one store in Fourth Avenue building.

Property Documents

Detail

  • Price: $19,999,999
  • Year Built: 1928
  • Property Type: Mixed Use
  • Property Status: For Sale
  • Annual Income: $1,916,134.96
  • Total Expenses: $699,252
  • NOI: $1,216,882.96

Address

  • Address: 4112 Fourth Avenue & 8200 Bay Parkway
  • City: Brooklyn
  • Neighborhood: Bensonhurst, Sunset Park
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.