187 7th Avenue | Brooklyn, NY

  • $5,450,000
187 7th Avenue, Brooklyn, NY, USA
For Sale

187 7th Avenue | Brooklyn, NY

187 7th Avenue, Brooklyn, NY, USA
  • $5,450,000


Berkshire Hathaway Commercial is excited to present investors our exclusive listing in Park Slope, Brooklyn. Investors have the opportunity to own a prime commercial condo located on the ground floor of a five-story residential condo building In the heart of Park Slope.

Located on the main retail corridor of 7th Avenue, this commercial condo experiences tremendous vehicular and pedestrian traffic all day long. The approximate 2000 SF retail condo is currently leased in its entirety to Douglas Elliman Real Estate Company. With over ten years remaining on the lease term, and another ten years in renewal options, stability and ease of management are exactly what you will get when owning this absolute Corporate Net Leased commercial condo. The subject property is located two blocks from Prospect Park, next to Chipotle on the corner of 7th and 2nd.


Updated on May 6, 2024 at 3:25 pm
  • Price: $5,450,000
  • Property Size: 2,500 SF
  • Property Type: NNN
  • Property Status: For Sale

Additional details

  • NOI: $286,573
  • Cap Rate: 5.25%
  • Tenant Name: Douglas Elliman
  • City Brooklyn
  • State/county New York
  • Country United States

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