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204 25th Street, Brooklyn, NY, 11232

204 25th Street
$5,500,000

Key Information

$ per SF
$390
Tot. SF
14,084
Term Remaining
± 3 Years
Type
Retail

Highlights

  • Occupied & Cashflowing: The first floor is currently occupied through 2029 by Elite Barbell, a successful gym, paying $14,000/mo with 3% annual increases.
  • Fitness Center Buildout: Currently equipped with HVAC, 400 Amps of electrical power, ADA compliant restrooms and showers, concrete floors, large rollup gate, driveway for loading, and large rear yard.
  • Owner User Potential: The second floor will be delivered vacant, with approx. 7,050 SF of space ready either for occupancy by an owner-user, or lease-up by a commercial investor.
  • Shared Office Buildout: Currently equipped with HVAC, ADA compliant restrooms, polished concrete floors, driveway for loading and deliveries, outdoor deck, conference rooms, and shared kitchen space.
  • Prime Subway Access: 100 feet from the R train entrance at 25th Street and 9 blocks to D, N, R trains entrance at 36th Street.
  • Driveway & Loading: 15’ driveway on the east side of the building for convenient loading and deliveries.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017