For Sale
$1,899,000
713 Decatur StBrooklyn, NY 11233
High-yield corner storefront, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Prime Bedford-Stuyvesant mixed-use building at 713 Decatur Street.
- Three-story building totaling 3,591 square feet, offering four units: two commercial and two four-bedroom residential apartments.
- Strong 8.31% cap rate and $157,818 net operating income (NOI).
- $1,899,000 asking price, $528.82 per square foot.
- Currently 100% occupied with a gross lease structure; six-year remaining lease term on commercial units.
Property Details for 713 Decatur St
- Property type
- Retail properties, Mixed-use properties
- Square Feet
- 3,591 SF
- Year Renovated
- 2022
- Buildings
- 1
- Stories
- 3
- Units
- 4
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6837534
- Longitude
- -73.9148749
713 Decatur St, Brooklyn, New York
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield corner storefront, strong NOI.
- Where is the retail property located?
- The property is located at 713 Decatur St Brooklyn, NY.
- What is the asking price?
- The asking price for this property is $1,899,000.
- What are key features of this property?
- This property features: Prime Bedford-Stuyvesant mixed-use building at 713 Decatur Street.; Three-story building totaling 3,591 square feet, offering four units: two commercial and two four-bedroom residential apartments.; Strong 8.31% cap rate and $157,818 net operating income (NOI).
- How can I contact the broker?
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