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87 Lafayette Ave. RETAIL, Brooklyn, NY 11217

$2,100,000
Active Listing
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Listing Details:
$2,100,000 Price
Condo Property Type
Fort Greene Neighborhood
-- Beds
1 Baths
-- Approx. Sq. Ft.
$251 Maint/CC
$94 RET
Key Features:
Prewar
Description:

4.02% in place cap rate. 87 Lafayette Avenue retail condominium presents the opportunity to secure a stabilized commercial investment property with a reliable long term tenant in the valuable Fort Greene Lafayette Avenue retail corridor. This 1000 SF space has a large seated garden area as well and is occupied by The Quarter. Lease expires 2025 with 5 year renewal option.

Situated at the Northwest corner of Lafayette Avenue and South Portland Avenue, the unit is moments away from the Brooklyn Academy of Music, the Barclays Center and Fort Greene Park. The area is constantly buzzing with pedestrian traffic. Nearby transportation includes the C train one block away and 2/3/4/5/N/Q/R/B/D/LIRR at Atlantic Terminal. Please inquire for set up with income and expense detail.

Listing courtesy of Compass

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