- Open
- Long-Term
- Commercial use
81 7th Ave,
New York, NY, 11217
9.4
Score
Purchase Price
10,950,000 (약 139.4 억원)
Building Size
5,123 sqft (143 평)
Rental Type
NN
Start Rental Date
Oct. 11, 2011
End Rental Date
Oct. 3, 2031
Type
RETAIL
Investment highlights
The property is located in Park Slope, one of the most affluent residential areas in Brooklyn. Park Slope is known for high population density and high-income earners. Its median home price recorded $1.3M.
Since the building has air rights, the investor can either choose to develop or sell it. The building has a long-term tenant, Petco, which allows stable cash flow. Petco (NASDAQ: Woof) was founded in 1965 in San Diego. It went public in 2021 and boasts the second largest market share in the pet-related market.
Property detail
Property Type
Retail
Number of Floor
1
Tenant
Single
Built in
1920
Building Size
5,123 sqft (143 평)
Land Size
5,662 sqft (159 평)
Parking
-
Zoning
R6A Brooklyn (K1)
Floor Area Ratio
1.0