Retail Space at 1113 Liberty Avenue in Brooklyn
$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.