111 4Th PlBrooklyn, NY 11231

For Sale
$5,200,000
11 Units, 8,284 SF, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional retail property, located at 111 4th Place in Brooklyn, New York, presents a lucrative investment opportunity. The building boasts 8,284 square feet of space spread across four stories, encompassing eleven individual units. Situated on a 2,875 square foot lot, the property is zoned R68, offering flexibility for a variety of retail uses. The asking price is $5,200,000, translating to a price per square foot of $627.72. This represents a strong value proposition in the vibrant Brooklyn market. The property's location in the desirable 11231 zip code provides excellent access to a dense population and high foot traffic. The building's multi-unit structure allows for diverse income streams and potential for future development or expansion. This is an ideal acquisition for investors seeking a high-return, established retail property in a prime Brooklyn location. The property's solid construction and established tenant base contribute to its strong financial performance. Detailed financial records are available upon request. Don't miss this chance to own a piece of thriving Brooklyn retail real estate.

Highlights

  • Exceptional 8,284 SF retail building in Brooklyn, NY, on a 2,875 SF lot.
  • Eleven individual units across four stories.
  • Zoned R68, offering flexible retail uses.
  • $5,200,000 asking price ($627.72/SF).
  • Desirable 11231 zip code with high foot traffic and dense population.

Property Details for 111 4Th Pl

Property type
Retail properties
Square Feet
8,284 SF
Stories
4
Units
11

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6779897
Longitude
-73.9974691
111 4Th Pl, Brooklyn, New York

FAQs

What type of property is this?
Retail property - 11 Units, 8,284 SF, High ROI
Where is the retail property located?
The property is located at 111 4Th Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Exceptional 8,284 SF retail building in Brooklyn, NY, on a 2,875 SF lot.; Eleven individual units across four stories.; Zoned R68, offering flexible retail uses.
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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111 4Th Pl
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