Brooklyn, NY 10302,1605 Forest AVE
Brooklyn, NY 10302,1605 Forest AVE
Brooklyn, NY 10302,1605 Forest AVE
Brooklyn, NY 10302,1605 Forest AVE
Brooklyn, NY 10302,1605 Forest AVE
Brooklyn, NY 10302,1605 Forest AVE
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2026
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$ 1,975,000
Est. payment | /mo

3,604 SqFt


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$ 1,975,000
Est. payment | /mo
Save

3,604 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,604 sqft

Price per Sqft $548

MLS Listing ID 496653

Property Sub-Type Commercial

Property Description

This two (2) story building is well maintained and Leased to quality tenants.
Easy to manage and is for sure a 1031 Exchange candidate.
One important feature is the large neatly paved parking lot.
As you can see from the photo's, it is in front of the building and offers plenty of space for the tenants' customers.
We have approx. 18 parking spots !!!
There is a Net Operating income of approximately $103,000
Located on an extremely Busy area of Forest avenue with plenty of exposure to vehicular traffic.
The area is surrounded by National Tenants - and the Landlord never had a vacancy at this site !
It is located in a great commercial area.

This building is in excellent condition and only three blocks away from the expressway.

Size: This 3700 square-foot building was built 30 years ago with cinder block and steel with three phase electric.
First floor: approx. 2,200 sq. ft. Beautiful Salon - has 5 bathrooms - Tenant paying $8,091.00 per month (July 2026 goes to $8,243.00) plus 100% of the water bill , 2% annual increases.
Second floor: approx. 1,600 R E office & salon sharing space - tenants paying $3500 per month with 3% annual increases
We will provide a copy of leases if there is serious interest.

Location

State NY

County Staten Island

Area Port Richmond

Zoning C 2-1

Rooms

Basement None

Interior

Interior Features Intercom

Equipment None

Exterior

Roof Type Flat

Present Use Retail

Building

Foundation Poured Concrete

Others

Financing None

Listed by MadisonEstates Sothebys Realty

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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1605 Forest AVE