For Sale
$700,000

9518 Avenue L Brooklyn, NY 11236

High-Traffic Location, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1,265 square foot convenience store, located at 9518 Avenue L in Brooklyn, NY, presents a lucrative investment opportunity. Situated in the bustling Canarsie neighborhood (zip code 11236), this single-tenant property boasts a 100% occupancy rate and sits on a 100 square foot lot (17.5' x 55'). The building, constructed in 1931, is a single-story structure with a ceiling height ranging from 11 to 15 feet. The property is offered at an asking price of $700,000, and operates under a NNN lease with no remaining term. This translates to a strong investment opportunity for a buyer seeking immediate income generation. The property's high-traffic location and established business ensure a consistent stream of revenue. The building's dimensions are 17.5 feet wide by 55 feet deep. This turnkey operation is ready for a new owner to step in and continue its success. The property's classification includes Retail, Industrial, and Office uses. Given its location and current performance, this is an ideal acquisition for investors seeking a stable and profitable addition to their portfolio. Contact us today to schedule a viewing.

Highlights

  • 1,265 SF convenience store in Brooklyn, NY's Canarsie neighborhood (zip code 11236).
  • 100% occupied, single-tenant building on a 100 SF lot (17.5' x 55').
  • Single-story building (1931 construction), 11-15' ceilings; asking price: $700,000.
  • NNN lease, no remaining term; immediate income generation.
  • Retail, Industrial, and Office uses.

Property Details for 9518 Avenue L

Property type
Retail properties, Office properties
Square Feet
1,265 SF
Year Built
1931
Stories
1
Units
1

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6378171
Longitude
-73.8962292

FAQs

What type of property is this?
Retail property - High-Traffic Location, Excellent Investment
Where is the retail property located?
The property is located at 9518 Avenue L Brooklyn, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,265 SF convenience store in Brooklyn, NY's Canarsie neighborhood (zip code 11236).; 100% occupied, single-tenant building on a 100 SF lot (17.5' x 55').; Single-story building (1931 construction), 11-15' ceilings; asking price: $700,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9518 Avenue L
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