Investor's Delight! Pro-Forma Cap Rate of 6%!
This newly built retail condo is configured as a standalone retail building measuring 3,106 SF, set over two floors and nestled next to 18 luxury condos in the heart of Bushwick.
The space features a gigantic first floor, measuring in at 2,333 SF, which features 22 Ft high ceilings and 24 Ft wide frontage.
There is also a full height second floor configured as a mezzanine or loft space, measuring 773 SF.
This new development is located 2 blocks from the Myrtle-Broadway JZM and 1 block from the Central Ave M line.
Ground Level Estimate: 2333 Sq Ft
Mezzanine Level: 773 Sq Ft
Basement Storage: 510 Sq Ft !
Ceiling Height: 22’9”
Ceiling Height - Mezzanine: 11’1”
557 Hart (82 Suydam Street)
Site Status: New Construction
*This advertisement is not an offering. It is a solicitation of interest in the advertised property. No offering of the advertised units [for timeshares, state fractional interests] can be made and no deposits can be accepted, or reservations, binding or non-binding, can be made until an offering plan is filed with the New York State Department of Law. This advertisement is made pursuant to Cooperative Policy Statement #1, issued by the New York State Department of Law.
*Squre footages are estimated. The Complete offering terms are available in an offering plan from sponsor. File No: CP17-0104. Sponsor: Flushing North LLC. c/o 35-06 Leavitt, Ste CF-A, Flushing, New York 11355