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Commercial Sale

Single Tenant Offerings
investors Bank
8601 21st Avenue 
Brooklyn, NY 11214

Price: $10.2 Million 

Cap Rate: 3.8%

Lot:4834 sq ft corner

Building : 8,667 sq ft

Lease Type : NNN

Investment Highlights: 

  • Roof and Structure  Landlord responsible

  • Lease term 15yrs

  • Rent Commencement 2012

  • Increases 10% every 5 yrs 

  • Options after original 15 yr term+ 4 -5 yr options

 

Rent Schedule: 

  • Years 1-5 $355,000 ($29,583.33 per month)

  • Years 6-10 $390,500 ($32,541.66 per month)

  • Years 10-15 $429,550 ($35,795.83 per month)

  • Years 16-20 $475,505.00 ($39,375.41 per month)

  • Years 21-25 $519,755.50 ($43,312.95 per month)

  • Years 26-30 $571,731.05 ($47,644.25 per month)

  • Years 31-35 $628,904.16 ($52,408.68 per month)

Documents:
Inquiries

For any inquiries, questions or commendations, please call: 718-987-7900 or fill out the following form

Piero Vernuccio

NYS Licensed Real Estate Salesperson

Office Ph:(718) 748-7000

Mobile:(646) 210-8780

nypierov@gmail.com

Giovanni Galante 
NYS Licensed Real Estate Salesperson
Office - (718) 987-7900
Mobile - (718) 916-6917
giovanni@defalcorealty.com

CORPORATE OFFICE:
1678 Hylan Boulevard
Staten Island, NY 10305
718-987-7900

 

SOUTH SHORE OFFICE:
655 Rossville Ave
Staten Island, NY 10309
718-605-9300

 

BROOKLYN OFFICE:
8823 3rd Ave.
Brooklyn, NY 11209
718-748-7000

 

NJ OFFICE:
340 Highway 34 Suite 112
Colts Neck, NJ 07722
732-845-3200

 

NYC OFFICE:
379 W Broadway 2nd Fl
New York, NY 10012
212-601-8800

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