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4801 16th Ave
Brooklyn, NY 11204 Borough Park

$2,800,000 USD

Storefront Retail Residential For Sale  •  1,600 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 1,600 SF
  • Lot Size 0.02 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 6.07 %
  • Tenancy Multiple
  • Zoning R6, C1-3
90 Transit Score
100 Walk Score

Highlights

Directly across from Chase Bank on McDonald Avenue, the property benefits from exceptional corner visibility with strong vehicular and foot traffic
Corner lot established in one of the most prominent retail corridors in Brooklyn offering owner user, investment, or redevelopment opportunity
Mixed-use building offering turnkey residential and retail leasing opportunities

Property Flyers

Cap Rate: 6.07 %

Major Tenants

Tenant SF Occupied Lease End Date
Lieberman Luncheonette

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.1 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) 14 min - 5.2 mi
Transit/SubwayDriveWalkDistance
18 Avenue (F Line) (F - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Ditmas Avenue (F - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Avenue I (F - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
50 Street (D,M Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 4 min 13 min 0.7 mi
55 Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 5 min 15 min 0.8 mi
AirportDriveWalkDistance
John F Kennedy International 28 min - 13.8 mi
LaGuardia 31 min - 14.4 mi
Newark Liberty International 34 min - 19.7 mi
Shahriar Zim 347-806-0353 Douglas Elliman Commercial
Shahriar Zim 347-806-0353 Douglas Elliman Commercial