Coldwell Banker Reliable Commercial Division is pleased to offer for sale 5024 10th Avenue Unit M1 in the Borough Park section of Brooklyn. The subject property a professional condo with a total square footage of 1,755 SF offers an excellent opportunity for an owner operator. The unit currently vacant on the lower level is situated as a vanilla box with upgraded electric, a property tax abatement until 2022 and manageable maintenance. Suitable use types include medical, professional and community facility use. The property is within close distance to roads, public transportation and Maimonides Medical Center.
|Property Use:||Other Commercial|
|Max Continuous Area:||1,755|
|Min Divisible Area:||1,755|
|Cap Rate Percentage:||6.47|
|Building Size:||1,755 SF|
|Lot Size:||2,491 SF|
|Available Date:||Dec 28th, 2016|
Area Description: Borough Park is a neighborhood in the southwestern part of the borough of Brooklyn, in New York City. The neighborhood covers an extensive grid of streets between Bensonhurst to the south, Bay Ridge to the southwest, Sunset Park to the west, Kensington to the northeast, Flatbush to the east, and Midwood to the southeast.
Region: Borough Park
|Location Name:||Borough Park|
|Road Type:||City / Town Street|
|Gross Income: $75,124|