Asking Price
$16,150,000
Retail Condo Size
36,500 SF
Wrap-around Frontage
293 FT
Net Annual Revenue
$969,099
Annual CAM Charges
$77,900
Average In-Place Building Rents
$36/SF
For sale
550 5th Avenue, Brooklyn, NY, USA
Park Slope, Park Slope
- Land
- Mixed Use
- New Development
Key Details
Comments
- Retail condo spans 36,500 GSF including a 6,900 SF lower level, and hosts 3 tenants
- Currently generates just over $969,000 in net revenue
- Some of the in-place rents are below market, offering discerning investors a tremendous value-add opportunity
- Located in one of the busiest major retail corridors in Brooklyn that is home to a vibrant mix of national and local retail tenants
- Close proximity to F, G, and R train lines
Brokers
Request Pricing / Contact
For sale
550 5th Avenue, Brooklyn, NY, USA
Email Blast Signup Form
Please fill out all of the fields below.