1204 Flatbush Avenue

, Brooklyn

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Price: $750,000

Building Size: 3,000 Square Feet

Property Type: Commercial

Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com

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INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to present the exclusive listing for 1204 Flatbush Avenue. The property is between Vanderveer Place and Ditmas Avenue and is a one-story retail building with two stores. The property is built irregular and sits on a 35′ by 100′ lot which narrows to 26.3 feet by 100 feet with a total of 3,000 square feet. (Block: 5186 Lot: 26)

The African Market signed a lease with five percent annual increases ending February 9, 2015. The Pizzeria signed a lease with five percent annual increases ending May 31, 2021.

This property offers investors the opportunity to capitalize on the growth occurring in the Flatbush section of Brooklyn, New York.

Filed under: Recent Sales - Brooklyn by Rosemarie Melville
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