460 Rockaway Avenue

  • $1,250,000
Past Transactions Sold
460 Rockaway Avenue, Brooklyn, Kings County, New York, 11212, United States
Past Transactions Sold
460 Rockaway Avenue, Brooklyn, Kings County, New York, 11212, United States
  • $1,250,000
  • Retail/Commercial
  • Property Type
  • 6,450
  • Gross SF
  • 3
  • Stories
  • 1
  • Number of Buildings
  • 1900
  • Year Built

Description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 460 Rockaway Avenue, Brooklyn NY 11212.

The property consists of a 3-story 6,450± SF retail building built on a 25’ x 100’ lot with full basement. The building is zoned C4-3 and is currently occupied by David’s Check Cashing until December 2023, generating approximately $90,000 in annual income. The property is situated on the west side of Rockaway Avenue between Belmont and Pitkin Avenues, which are both major retail corridors in the neighborhood with a mix of national and local tenants.

Ideal for an investor or user. Tenant is willing to renew lease upon expiration or new ownership can take full possession upon lease expiration. There is value-add potential through renovation and lease-up of the upper floors, and immediately by leasing the vacant 200± SF space in the ground floor.

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Details

  • Price: $1,250,000
  • Gross SF: 6,450
  • Land Area: 2,499
  • Year Built: 1900
  • Property Type: Retail/Commercial
  • Property Status: Past Transactions, Sold
  • Stories: 3
  • Number of Buildings: 1
  • Block & Lot: 3521-54
  • Zoning: C4-3
  • Retail Units: 3
  • City Brooklyn
  • State/County New York
  • Neighborhood/Area Brownsville

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