Description
A great opportunity to own a newly built (2022) community facility condo in the 18th Ave. shopping corridors of Bensonhurst, Brooklyn. Approved by DOE with 128 student daycare center (UPK C/O), with 7 large classrooms, 7 restrooms and an open office with kitchenette. 5400 sq. ft. on first floor and 800sq. ft. in the basement. Plus approximately 800 sq. ft. playgrounds on the side. The property is currently leased with a triple net lease 5 + 5 terms,with 3% increase annually. A good investment with 5.27 Cap Rate.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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5,143SQFT
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$710$/SQFT
School Ratings & Info
Description
A great opportunity to own a newly built (2022) community facility condo in the 18th Ave. shopping corridors of Bensonhurst, Brooklyn. Approved by DOE with 128 student daycare center (UPK C/O), with 7 large classrooms, 7 restrooms and an open office with kitchenette. 5400 sq. ft. on first floor and 800sq. ft. in the basement. Plus approximately 800 sq. ft. playgrounds on the side. The property is currently leased with a triple net lease 5 + 5 terms,with 3% increase annually. A good investment with 5.27 Cap Rate.
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