For Sale
$1,599,000

4721 8Th AveBrooklyn, NY 11220

2,450 SF Office, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 2,450 square foot commercial condo is situated in Brooklyn's vibrant 8th Avenue business district. Located on the second floor of a newly constructed building, this unit boasts 8-10 foot ceilings and offers a versatile space ideal for a variety of uses, including medical, dental, educational, religious, non-profit, or legal practices. The property includes two restrooms and all utilities are already installed, including plumbing, sprinklers, electrical, and mechanical systems. The low monthly common charge is only $596, and the annual property tax is exceptionally low at $400. Currently vacant, this space projects a monthly rental income of $10,000. The 5,017 square foot lot offers the potential for additional development or expansion. While parking is not included, a space can be rented for $150 per month (subject to waiting list availability). This is a high-traffic location presenting a significant investment opportunity. The asking price for this turnkey commercial condo is $1,599,000.

Property Details for 4721 8Th Ave

Property type
Office properties
Square Feet
2,450 SF
Units
1

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6422945
Longitude
-74.0022973
4721 8Th Ave, Brooklyn, New York

FAQs

What type of property is this?
Office property - 2,450 SF Office, High Traffic Area
Where is the office property located?
The property is located at 4721 8Th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
How can I contact the broker?
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4721 8Th Ave
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