575 4th Avenue, NY
Park Slope Commercial Condominium Units for Investor or User
Overview
Key Highlights
- Price $3,250,000
- Units 2
- Gross SF 4,146
- Luxury Mixed-Use Building New Construction
Investment Highlights
• 2 commercial condominium units are located on the ground floor of a newly constructed 70-unit luxury residential building
• Over 105’ of wraparound frontage on the corner of 4th and Prospect Avenues in Park Slope
• The corner unit A totals approximately 2,370 SF and is currently vacant
• Unit B totals 1,776 SF and is occupied by Studio Pilates through September 2029. They have one 5-year extension.
• Steps from the Prospect Ave D, N, R, W subway station, which provides access to Manhattan in under 25 minutes
• Directly next to the Prospect Expressway, providing access to Manhattan via the Hugh L. Carey Tunnel or Brooklyn Bridge
• Proximity to Prospect Park, high-quality schools, dining and shopping options make Park Slope one of NYC’s most desirable residential enclaves. It is in need of more retail to satisfy demand.
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