82 Fourth Avenue is a mixed-use building located on the border of Boerum Hill and Park Slope, offering a unique investment opportunity in a prime area of Brooklyn. The property spans three stories and features two residential apartments above a commercial retail space, totaling approximately 3000 square feet, with an additional 6000+ square feet of available FAR. The building boasts 20 feet of frontage on Fourth Avenue, situated between St. Marks and Bergen Street, making it a highly visible location for potential tenants and businesses alike.
The residential units consist of two-bedroom apartments, each approximately 1000 square feet in size. The current retail tenant, The Pacific Standard, has a lease that extends until October 2020, providing immediate income potential. The property is conveniently located near multiple subway lines, including the N, Q, R, 2, 3, 4, 5, and the Long Island Rail Road, enhancing accessibility for residents and visitors.
Surrounded by notable landmarks such as The Barclays Center, The Atlantic Terminal Shopping Mall, and the Brooklyn Academy of Music (BAM), 82 Fourth Avenue is positioned in a vibrant neighborhood that features a mix of high-end condominiums and diverse retail options along the Atlantic Avenue corridor. This building represents a rare opportunity for investors looking to capitalize on a high-density location in one of Brooklyn's most exciting areas.