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5902 14th Avenue | 25,000 SF Corner Property For Sale in Prime Borough Park

5902 14th Avenue | Brooklyn, NY, 11219

$8,999,000

Sale Price

  • Overview
  • Documents
  • Photos
  • Maps
  • Demographics

Overview

Property Details

Property Type Retail
Property Name 5902 14th Avenue | 25,000 SF Corner Property For Sale in Prime Borough Park
Primary Broker Jack Sardar
Zoning M1-1

Property Description

25,000 SF Corner Property For Sale in Prime Borough Park

Location Description

Located in the Borough Park neighborhood of Brooklyn between 59th Ave & 60th Ave near the 62nd St subway station.

Nearest Transit: D train at 62nd St and the N train at New Utrecht Ave. The B9 & B16 bus lines.

Nearby tenants include Spinka Hall, Bleu Manor, Renaissance Ballroom, Park Plumbing & Heating Supply, Better Health Studios, Brooklyn Granite, Win Xin, Savarese Italian Pastry Shoppe, New Pioneer Mechanical Corp, Macaronikids, and more!

Highlights

  • Corner Property Fully Renovated And Rented With Vacancy Clauses, Offering A Strong Cap Rate
  • Ground Floor And Basement Currently Used As A Catering Hall With A Full Kitchen
  • Lot Dimensions: 80 x 100
  • Building Dimensions: 80 x 100
  • Building Size: 23,550 SF
  • Total Commercial Units: 5
  • Occupancy: 100%
  • Tenancy: Multiple
  • Current CAP: 7.2%
  • Building Class: A
  • Basement: 7,000 SF
  • Floor 1: 7,000 SF
  • Floor 2: 7,000 SF
  • Floor 3: 3,500 SF

Map

Jack Sardar

Vice President of Sales

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    Demographics

    0.25 Miles 0.5 Miles 1 Mile
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    * Demographic Data Derived From 2020 ACS - US Census
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