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[SALE] 7123 3rd Ave. Brooklyn, NY 11209

Updated: Jun 30

  • Address: 7123 Third Avenue, Brooklyn, NY 11209

  • Tenant:  Citizens Bank

  • Lease Type: Triple Net (NNN)

  • Cap Rate: 5.25%

  • Rental Rate: $60.50/SF

  • Building Class: Class C

  • Year Built: 1910

  • Land Area: 0.12 Acres

  • Land Size: 5,142 SF

  • FAR: 3.2

  • Zoning:  R6B

  • Market: Bay Ridge, Brooklyn


Investment Strengths

✔ Prime Bay Ridge retail corridor location

✔ High pedestrian traffic

✔ Corner property with excellent visibility

✔ Citizens Bank tenancy

✔ NNN lease structure

✔ Dense surrounding population

✔ Limited retail supply

✔ Strong long-term appreciation potential

✔ Valuable Brooklyn real estate location



Contact Agent


Michelle Han

CEO

Cell. 1-201-704-8831


MICHELLE@RUNIPEX.COM



Bo Chae

Realtor

Cell. 1-201-889-2336


BOCHAE@RUNIPEX.COM




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international property exchange

IPEX is a premier, fully integrated International firm specializing in high-end commercial, residential, and joint venture real estate consulting services. Through its diverse business channels, it provides comprehensive and personalized services to its clients in New York and New Jersey. These include the sales of luxury apartments, homes, estates, mansions, hotels, buildings, warehouses, new developments, and exclusive properties. The firm also offers luxury property, office, retail rentals, and property management services.

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