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Retail Space at 1113 Liberty Avenue in Brooklyn

Retail Space at 1113 Liberty Avenue in Brooklyn
FOR SALE

$550,000

1113 Liberty Avenue, Brooklyn, NY 11208

1,040 SF

Square Feet

$529

PPSF

6.61%

CAP

Property Description

NOI

$36,368

Cap Rate

6.61%

Single-tenant, 1-story with a full basement, Retail bilding for Sale.

Prime busy location in Cypress Hills/East NY section of Brooklyn, NYC.

Near A, C subway stops

Zoning: R5/C1-2

Can be delivered with or without tenant. The current tenant is multi-location sportsware store.


Property Details

Asset Type

Retail

Year Built

1930

Zoning

R5/C1-2

Lot Size

1,538 SF

Neighborhood

Cypress Hills/East NY

Submarket

Brooklyn

ZIP

11208

Listing Type

sale

Net Operating Income (NOI)

$57,698

Debt Service Coverage Ratio (DSCR)

1.84x

Cap Rate

10.49%

Cash Flow (Annual)

$26,411

Cash-on-Cash Return

19.21%

Monthly Debt Service

$2,607

Annual Debt Service

$31,287

View on Map

Address

1113 Liberty Avenue

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Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

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Jeff Yi

Jeff Yi

President

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Jeff Yi

Jeff Yi

President

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