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10 Nevins St
Brooklyn, NY 11217

Price Upon Request

Apartments Condo For Sale  •  2,664 SF

Property Details

  • Property Type Apartments
  • Total Building Size 219,627 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 2019
  • Zoning C6-4
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 + 2 Medical 2,664 SF Price Upon Request
  • Unit Size: 2,664 SF
  • Condo Use: Medical
  • Price: Price Upon Request
  • Sale Type: Investment
Description
Verada, as exclusive agent, is pleased to offer for sale a
two-unit, single story ground floor retail condominium
located at the base of a 147 unit, 28 story residential
condominium building. The property is located in
the heart of Downtown Brooklyn on Nevins Street,
between Fulton and Livingston Street. The property was
completed in 2019 and is 100% leased to two medical
tenants, Mills Dental (10 years remaining lease term) and
Cooper Podiatry (8 years remaining lease term). Mills
Dental is 1,926 SF and Cooper Podiatry is 738 SF; each
boasts 25’ ft. of glass frontage and 12’ ft. ceilings. Both
tenants are responsible for their pro-rata share of real
estate tax increases in addition to utilities.

Description 

The Property presents investors with an excellent opportunity to acquire a newly built, fully leased, cash flowing retail condominium in the heart of Downtown Brooklyn. Medical tenants and dental in particular have the lowest default rate for any retail use. The property benefits from a 15-year ICAP abatement with 14 years remaining (10 years abated at 100% followed by four years of gradual abatement burn-off). 10 Nevins is conveniently located one block from the Dekalb Ave B,D,N,Q,R and the Nevins St 2,3,4,5 subway stations.

Highlights

Long Term Leases with Medical Users (low default risk)
Glass Frontage (per unit): 25 FT
Ceiling Height: 12 FT
New Construction

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Fitness Center
  • Pool
  • Tenant Controlled HVAC
  • Heating
  • Grill
  • On-Site Retail
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Roof Terrace
  • Storage Space
  • Bicycle Storage
  • Elevator
  • Lounge
  • Online Services
  • Sundeck
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 11 min 0.6 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Nevins Street (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 0 min 3 min 0.2 mi
Hoyt Street-Schermerhorn Street (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 3 min 4 min 0.2 mi
Hoyt Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 3 min 5 min 0.3 mi
Dekalb Avenue (B,D,M,N,Q,R Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Fulton Street (G Line) (G - New York MTA Subway (The Subway)) 1 min 8 min 0.5 mi
AirportDriveWalkDistance
Laguardia 20 min - 10.0 mi
John F Kennedy International 27 min - 14.6 mi
Newark Liberty International 26 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
David Dubinsky 718-308-7111 Verada
David Dubinsky 718-308-7111 Verada