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Storefront Retail Residential For Sale • 3,600 SF
| The building is fully rent stabilized with 100% collections. |
| Dimensions of 20’ x 60’ on the corner of woodbine allowing side windows for spacious and bright layouts. |
| Well maintained, with little to no need for short-term capital improvements. |
| Natural tenant turnover opens the opportunity for owner occupancy in the short term. |
| 2A Tax Class limits tax increase to no more than 8% annually or 30% over five years. |
| Located 2 blocks from Gates Avenue, J & Z-line provides quick access to Williamsburg and Manhattan. |
| Cap Rate: | 7.28 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Family Mini Market |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 4 min | - | 1.6 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) | 8 min | - | 2.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Gates Avenue (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) | 1 min | 4 min | 0.2 mi |
| Halsey Street (J Line) (J - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| Kosciuszko Street (J - New York MTA Subway (The Subway)) | 3 min | 13 min | 0.7 mi |
| Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) | 4 min | 17 min | 0.9 mi |
| Central Avenue (M - New York MTA Subway (The Subway)) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 20 min | - | 9.2 mi |
| John F Kennedy International | 20 min | - | 10.0 mi |
| Newark Liberty International | 33 min | - | 17.1 mi |
Evan Kashanian
Matthews Real Estate Investment Services
Evan Kashanian
Matthews Real Estate Investment Services
