For Sale
$4,800,000

4711 8Th Ave Brooklyn, NY 11220

Prime Brooklyn retail space, 5,563 SF, 3 units.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional commercial property, located at 4711 8th Avenue 1A in Brooklyn, New York, presents a unique investment opportunity. The property encompasses a total of 5,563 square feet across three units, situated on a 3,700 square foot lot. The asking price is $4,800,000. The building features ceiling heights ranging from 8 to 10 feet. One unit, currently operating as a snooker room, generates a monthly rental income of $7,000. This unit, along with another, is currently used as retail space and can be delivered vacant, providing flexibility for owner-occupancy or continued rental income. The property's prime location in the heart of Sunset Park offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The property is offered as a package deal, including two additional units (one 550 sq ft and another 2,627 sq ft), totaling 5,563 square feet. This presents a compelling opportunity for both business owners seeking a space to establish their operations and investors looking for a strong rental income stream in a thriving Brooklyn neighborhood. The zip code is 11220, and the property is located in Kings (Brooklyn) County.

Highlights

  • $4,800,000 asking price.
  • 5,563 square foot retail property.
  • Three units totaling 5,563 SF; one currently leased at $7,000/month.
  • 3,700 square foot lot.
  • 8-10 foot ceiling height.

Property Details for 4711 8Th Ave

Property type
Retail properties
Square Feet
5,563 SF
Units
3

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6423834
Longitude
-74.002033
4711 8Th Ave, Brooklyn, New York

FAQs

What type of property is this?
Retail property - Prime Brooklyn retail space, 5,563 SF, 3 units.
Where is the retail property located?
The property is located at 4711 8Th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: $4,800,000 asking price.; 5,563 square foot retail property.; Three units totaling 5,563 SF; one currently leased at $7,000/month.
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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4711 8Th Ave
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