Vacant Mixed-Use Property For Sale 4314 3rd Avenue Sunset Park – Brooklyn, NY 11232 PROPERTY OVERVIEW Address 4314 3rd Avenue Location West side of 3rd Avenue between 43rd and 44th Street Block/Lot 727 / 45 Lot Dimensions 25' x 100' (Approx.) Lot Size 2,500 (SF, Approx.) Zoning M1-2 Building Dimensions 25' x 65' (Approx.) Building SF 3,250 (SF, Approx.) Air Rights 1,750 Stories 2 Units 2 Assessement $17,002 ('14/'15) Taxes $3,257 ('14/'15)
DESCRIPTION: The subject property is a frame two-story mixed-use building located on 3rd Avenue between 43rd and 44th Street in Sunset Park, Brooklyn. The ground floor is 1,625 SF of retail with a 30 foot addition on the back and the 2nd floor has a 3-bedroom apartment. The building will be delivered vacant. It is located 5 blocks from Costco and Industry City. The property is 2 blocks from the 45th Street [R] train station and one block from the B37 bus. By car, the subject is in close proximity to the BQE with direct access to Downtown Brooklyn and Manhattan in approx. 20 minutes.
R
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
ASKING PRICE:
$850,000
275 Madison Avenue, 3rd Floor New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
Aaron Warkov Director of Sales 718.307.6551
[email protected] 118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Adam Ecker Senior Associate 718.606.7049
[email protected] Daniel Arnel Associate 718.606.7077
[email protected] The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER