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Vacant-User

1325 Broadway

1325 Broadway, Brooklyn, NY 11221

Listing Price: $10,000,000

Cap Rate
5.10%
Gross SF
14,000
Rentable SF
14,000
Price/Gross SF
$714.29
Lot Size
0.20 acres
Year Built
1931

Investment Overview

• At 1325 Broadway, Brooklyn (Bushwick), New York • Two story retail building with 14,000 SF total (7,000 SF ground, 7,000 SF Second floor) to be delivered vacant • Suited for retail redevelopment/re-tenanting or traditional development • Gates Avenue train station L, J, & Z train entrance is directly in front of the property • MTA B25 bus outside of subject property • Zoned R6, C4-3 with an as of right FAR of 3.4 • Has 14,968 buildable square feet in available air rights, total max square feet equal to 28,968 • Mom and pop retail corridor of Broadway • Near by national and regional tenants include Premier Food Fresh Market Grocery Store, Little Caesars, Texas Chicken and Burgers, Boost Mobil, Holiday Inn Express, Cubesmart Storage Facility, Foodtown Supermarket (450 ft from subject property, Dunkin and Baskin Robbins (450 ft) • CVS Pharmacy 0.9 miles away on Wyckoff Avenue • Walgreens with pharmacy one block away • Multiple fast food quick service restaurants in a 1 mile radius • Surrounded by 2-5 story mixed-use retail and residential buildings and new mixed-use development sites going up on surrounding streets within One mile of the site. Two mixed use sites under development, well over Five stories on Broadway within stones throw of subject property • Is one mile from Jackie Robinson Pwy East bound to Eastern Long Island at exit one • 0.8 miles from Central Avenue • 0.6 miles from Bushwick Avenue • 0.5 miles from DeKalb Library • Densely populated area with 47,000+ people living within a half mile radius with an AHHI of $72,500+

Investment Highlights

  • • A Two Story Retail Building With 14,000 Square Feet Total (7,000 Square Feet ground, 7,000 Square Feet Second Floor) to be Delivered Vacant
  • • Suited for Retail Redevelopment/Re-Tenanting or Traditional Development
  • • Gates Avenue Train Station L, J, & Z Train Entrance is Directly in Front of the Property

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Financing By

Listing Price: $10,000,000

Cap Rate
5.10%
Gross SF
14,000
Rentable SF
14,000
Price/Gross SF
$714.29
Lot Size
0.20 acres
Year Built
1931

Investment Highlights

  • • A Two Story Retail Building With 14,000 Square Feet Total (7,000 Square Feet ground, 7,000 Square Feet Second Floor) to be Delivered Vacant
  • • Suited for Retail Redevelopment/Re-Tenanting or Traditional Development
  • • Gates Avenue Train Station L, J, & Z Train Entrance is Directly in Front of the Property

Investment Overview

• At 1325 Broadway, Brooklyn (Bushwick), New York • Two story retail building with 14,000 SF total (7,000 SF ground, 7,000 SF Second floor) to be delivered vacant • Suited for retail redevelopment/re-tenanting or traditional development • Gates Avenue train station L, J, & Z train entrance is directly in front of the property • MTA B25 bus outside of subject property • Zoned R6, C4-3 with an as of right FAR of 3.4 • Has 14,968 buildable square feet in available air rights, total max square feet equal to 28,968 • Mom and pop retail corridor of Broadway • Near by national and regional tenants include Premier Food Fresh Market Grocery Store, Little Caesars, Texas Chicken and Burgers, Boost Mobil, Holiday Inn Express, Cubesmart Storage Facility, Foodtown Supermarket (450 ft from subject property, Dunkin and Baskin Robbins (450 ft) • CVS Pharmacy 0.9 miles away on Wyckoff Avenue • Walgreens with pharmacy one block away • Multiple fast food quick service restaurants in a 1 mile radius • Surrounded by 2-5 story mixed-use retail and residential buildings and new mixed-use development sites going up on surrounding streets within One mile of the site. Two mixed use sites under development, well over Five stories on Broadway within stones throw of subject property • Is one mile from Jackie Robinson Pwy East bound to Eastern Long Island at exit one • 0.8 miles from Central Avenue • 0.6 miles from Bushwick Avenue • 0.5 miles from DeKalb Library • Densely populated area with 47,000+ people living within a half mile radius with an AHHI of $72,500+

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Financing By

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