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86 4th Ave
Brooklyn, NY 11217 Boerum Hill

$3,500,000 USD

Storefront Retail Residential For Sale • 4,200 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 4,200 SF
Lot Size 0.04 AC
Building Class C
Year Built 1931
Cap Rate 6.50 %
Tenancy Multiple
Zoning C4-4D (R9A Equivalent)

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                86 4th Avenue is on the Corner of St. Marks Place in Gowanus, Brooklyn. The entire building will be delivered vacant. 
                            
                                86 4th Avenue is steps away from Atlantic Terminal, Barclay’s Center, and excellent retail on 5th Avenue.
                            
                                The prime, corner, fully free market mixed-use property currently configured as 3 apartments and 1 store and is built approximately 4,200 square feet.
                            
                                The property is in the Gowanus Special Purpose zoning district and is zoned C4-4D, which has an R9A equivalent
                            
                                As-is, each apartment features North, East and West facing windows, providing ample sunlight for reconfiguration.
                            
                                Significant value can be created through renovation or use of the air rights.

Property Flyers

86 4th Avenue OM (Gowanus)

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Happy Cleaners

Amenities

Bus Line
Commuter Rail
Corner Lot
Metro/Subway
Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
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)	2 min	7 min	0.4 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	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
Pacific Street (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))	0 min	3 min	0.2 mi
Atlantic Avenue (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), B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway))	1 min	5 min	0.3 mi
Bergen Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
Union Street (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))	1 min	7 min	0.4 mi
Fulton Street (G Line) (G - New York MTA Subway (The Subway))	2 min	10 min	0.5 mi
Airport	Drive	Walk	Distance
LaGuardia	21 min	-	10.6 mi
John F Kennedy International	26 min	-	14.1 mi
Newark Liberty International	27 min	-	15.2 mi

Adam Lobel 718-360-8815 Investment Property Realty Group

86 4th Ave Brooklyn, NY 11217 Boerum Hill