774 59th ST, Brooklyn, NY 11220
774 59th ST, Brooklyn, NY 11220
774 59th ST, Brooklyn, NY 11220
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Randy Reis

Randy Reis

+1(917) 435-4870
$7,500,000
Est. payment /mo
6,800 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $1,102

MLS Listing ID 503039

Year Built 1923

Annual Tax Amount $64,261

Property Sub-Type Commercial

Property Description

Prime 8th Avenue and 59th Street Location! Exceptional commercial investment opportunity in the heart of Brooklyn's thriving Chinatown, Sunset Park! Located just off the highly desirable and bustling 8th Avenue commercial corridor, this well-positioned four-story commercial building offers excellent visibility, outstanding foot traffic, strong local businesses and strong income with high net returns. The first floor features a restaurant, while the second, third, and fourth floors each offer two office suites, providing a total of six office spaces above the commercial unit. Situated in one of Brooklyn's most vibrant business districts, the property enjoys heavy foot traffic, convenient public transportation, and close proximity to shopping, restaurants, and neighborhood amenities. An outstanding opportunity for investors or owner-users seeking a prime commercial property in a high-demand location. This building has a very High income and a very low maintenance. Please call for the incomes and expenses breakdowns

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Zoning R6

Rooms

Basement Full

Interior

Interior Features Elevator – Public

Heating Gas

Flooring Tile

Equipment None

Heat Source Gas

Exterior

Exterior Feature Brick

Utilities Available Gas

Roof Type Flat

Present Use Office

Building

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash,Owner

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Listed by RE/MAX Edge

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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