4307-4311 13th Ave

Ariel Property Advisors has been retained on an exclusive basis to arrange the sale of 4307-4311 13th Avenue, three contiguous mixed-use buildings on a 4,800 square foot lot in Borough Park. The three, three-story buildings span a total of 12,000 square feet along 13th Avenue between 43rd Street and 44th Street. There is a total of three retail units on the ground floor, four offices on 2nd floor, 9 offices on 3rd floor and one residential unit on the 3rd floor. The total retail square footage is 4,800, the total office square footage is 6,200 and the residential square footage is 1,000. The three retail units, that feature a total of 60’ of frontage on 13th Avenue, are currently occupied but can be delivered vacant. The office space on the 2nd and 3rd floor, which has been significantly upgraded, is occupied as well but can be delivered vacant. As for the residential unit, it is a two-bedroom located on the third floor that is currently vacant. The central location of 4307-4311 13th Avenue offers several transportation options nearby. The D train is a half mile walk to the West, the F train is three quarters of a mile to the East and the B16 bus serves the neighborhood along 13th Avenue as well. The property is further surrounded by Rite Aid, Chase Bank, T-Mobile, The Brooklyn Public Library - Borough Park Branch and Maimonides Medical Center as well many local shops and eateries. 4307-4311 13th Avenue offers prospective investors or owner users the opportunity to obtain prime office and retail space along a major thoroughfare in the heart of Borough Park. In addition, there is an opportunity to capitalize on the residential unit. Please note that ownership is offering financing to potential buyers.