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4022 8th Ave
Brooklyn, NY 11232

$2,500,000 USD

Storefront Retail Residential Condo For Sale  •  3,732 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,732 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1926
  • Tenancy Multiple
  • Zoning R6
88 Transit Score
85 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Office/Retail 3,732 SF $2,500,000 USD
  • Unit Size: 3,732 SF
  • Condo Use: Office/Retail
  • Price: $2,500,000 USD
  • Sale Type: Investment
  • Price/SF: $669.88 USD
Description
The duplex condos as approximately 2000 sqft. and 2000 sqft.

Sale Notes
Duplex commercial condo for sale. Current tenant has 4 years lease remaining.

Description 

Building is located in prime 8th Avenue business district.

Highlights

The current tenant is running a senior citizens activity center which is paying $8,700 monthly with 4% yearly increase.
Tenant has 4 years lease remaining, property tax included.

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) 11 min - 4.0 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) 13 min - 5.1 mi
Transit/SubwayDriveWalkDistance
9 Avenue (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Fort Hamilton Parkway (D,M Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
45 Street (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
36 Street (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 16 min 0.8 mi
50 Street (D,M Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 4 min 16 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 26 min - 14.3 mi
Laguardia 27 min - 14.5 mi
Newark Liberty International 31 min - 18.0 mi
Carey Yang 917-882-8031 Exit Realty Professionals
Carey Yang 917-882-8031 Exit Realty Professionals