Contacts
Verada
Property Details
- Property Type Retail
- Property Size 2,664 SF
- Rental Income / YR $208,019.40
- NOI / YR $184,579.40
- Taxes / YR $6,148.00
- Additional Rent Contact for pricing
- # of Floors 28
- Year Built 2019
- Date Updated Dec 11, 2024
Verada, as exclusive agent, is pleased to offer for sale or lease a two-unit, single-story ground-floor retail condominium located at the base of a 147-unit, 28-story residential condominium building. The property is located in the heart of Downtown Brooklyn on Nevins Street, between Fulton and Livingston Streets. The property was completed in 2019 and is currently partially leased to one medical tenant, Cooper Podiatry (8 years remaining lease term). Cooper Podiatry occupies 738 SF, while the remaining 1,926 SF unit is vacant. Both units boast 25’ ft. of glass frontage and 12’ ft. ceilings, with the tenants responsible for their pro-rata share of real estate tax increases in addition to utilities.
The property presents investors with an excellent opportunity to acquire a newly built, partially leased, cash-flowing retail condominium in the heart of Downtown Brooklyn. Medical tenants, such as Cooper Podiatry, benefit from having one of the lowest default rates for any retail use. The property also benefits from a 15-year ICAP abatement with 14 years remaining (10 years abated at 100%, followed by four years of gradual abatement burn-off). 10 Nevins is conveniently located one block from the Dekalb Ave B, D, N, Q, R and the Nevins St 2, 3, 4, 5 subway stations.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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99/100
Walk Score ®
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100/100
Transit Score ®
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92/100
Bike Score ®
Tenants
| Tenant Name | Suite Number | Available Area | Expiration Date |
|---|---|---|---|
| Cooper Podiatry | 2 | 738 Sq. Ft. | September 25, 2030 |
Location
- City Brooklyn, NY
- Neighborhood Downtown Brooklyn
- Zip Code 11217
- Market Brooklyn
Points of Interest
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Jay Street–MetroTech
0.41 miles
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brooklyn taxi company
0.46 miles
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Borough Hall
0.54 miles
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Clinton-Washington
0.73 miles
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Arecibo
0.78 miles
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Carroll Street
0.92 miles
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York Street
0.93 miles
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Classon Avenue
1.12 miles
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International Car Service
1.14 miles
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New Bell Car Service
1.27 miles
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Shell
0.37 miles
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Mobil
0.43 miles
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Tesla Supercharger
0.49 miles
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Emporium
0.89 miles
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Citgo
1.12 miles
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Sunoco
1.17 miles
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Gulf
1.27 miles
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BP
1.30 miles
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plugNYC
1.39 miles
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ChargePoint
1.57 miles
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Edison ParkFast
0.29 miles
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The Parking Club
0.62 miles
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NYPD Brooklyn Tow Pound
0.87 miles
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Cielo Garage
0.90 miles
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MPG
0.97 miles
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Garfield Garage
1.10 miles
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Underhill Garage
1.12 miles
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Park Kwik
1.13 miles
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Rapid Park
1.21 miles
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The Brooklyn Museum and Botanic Garden
1.53 miles
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Stack'd Burger
0.02 miles
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Pio Bagel
0.02 miles
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Wingstop
0.04 miles
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Patty Plus
0.05 miles
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Burger King
0.05 miles
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Dunkin' Donuts/Baskin Robbins
0.05 miles
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McDonald's
0.05 miles
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Angelica Pizza & Restaurant
0.05 miles
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Xifu Food
0.05 miles
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Metro Feast
0.05 miles
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Cookie's
0.10 miles
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Burlington
0.14 miles
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Target
0.17 miles
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Foodtown
0.18 miles
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City Point
0.19 miles
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Trader Joe's
0.21 miles
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Whole Foods Market
0.22 miles
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TJ Maxx
0.24 miles
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Brooklyn Fare
0.25 miles
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Macy's
0.27 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Verada
