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Self-Storage Facility

CubeSmart Self Storage (Managed)

2207 Albemarle Rd, Brooklyn, NY 11226

Listing Price: Request For Offer

Number of Units
2,177
Occupancy
87.0%
Rentable SF
93,063
Year Built
1930

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Brooklyn, New York. The facility consists of 2,177 heated units totaling 93,063 net rentable square feet. This is a stabilized cash flowing facility that is currently 87 percent physically occupied. The property is fully secured with a keypad entrance, an on-site management office, and 24-hour video surveillance. The location of this facility benefits from an extremely dense and growing surrounding population. The population within five miles of the facility is 2,604,669, which represents a 5 percent increase since 2000 and is expected to continue to grow over the next five years. They are located in the heart of the Flatbush Neighborhood off a busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 16,300 cars per day off Bedford Avenue.

Investment Highlights

  • Self-Storage Facility with Upside Located in the Heart of Brooklyn in the Flatbush Neighborhood
  • 93,063 Net Rentable Square Feet
  • 2,073 Heated Units with 104 New Units Coming Soon
  • Below Market Rents
  • There are Plans to Build a 30,000-Square Foot Building

Exclusively Listed By

Financing By

Self-Storage Facility

CubeSmart Self Storage (Managed)

Listing Price: Request For Offer

Number of Units
2,177
Occupancy
87.0%
Rentable SF
93,063
Year Built
1930

Investment Highlights

  • Self-Storage Facility with Upside Located in the Heart of Brooklyn in the Flatbush Neighborhood
  • 93,063 Net Rentable Square Feet
  • 2,073 Heated Units with 104 New Units Coming Soon
  • Below Market Rents
  • There are Plans to Build a 30,000-Square Foot Building

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Brooklyn, New York. The facility consists of 2,177 heated units totaling 93,063 net rentable square feet. This is a stabilized cash flowing facility that is currently 87 percent physically occupied. The property is fully secured with a keypad entrance, an on-site management office, and 24-hour video surveillance. The location of this facility benefits from an extremely dense and growing surrounding population. The population within five miles of the facility is 2,604,669, which represents a 5 percent increase since 2000 and is expected to continue to grow over the next five years. They are located in the heart of the Flatbush Neighborhood off a busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 16,300 cars per day off Bedford Avenue.

Exclusively Listed By

Financing By

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