• 8601 21

  • Brooklyn, New York 11214
  • $8,248,000
  • 8,667 SqFt
  • $951.66 / SqFt
  • HOA: N/a
  • MLS® #: 432112
  • Year Built: 1928
  • Days Listed: 365

Description of 8601 21, Brooklyn

We are pleased to exclusively market for sale the subject single-tenant Investors Bank lease located at 8601 21st Ave, Brooklyn, NY. The property is made up of a 8,667 square feet building and is situated on approximately 4,834 square feet of land on the corner of 86th street and 21st avenue . The investment opportunity is subject to an absolute double-net (NN) lease which has approximately 7 years of term remaining. The current rent is $390,500 and is subject to 10% rental increases every five years, including through the four, five-year tenant renewal options. The lease is guaranteed by Investors Bank all expenses and landlord is only responsible for the roof and structure. Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926. With over $25 billion in assets and a network of over 145 retail branches, Investors delivers personalized services and products tailored to the needs of its customers. In 2005, Investors Bancorp Inc. became a partially public company, trading common stock on the NASDAQ.[6] In 2011, the bank rebranded itself and changed its name to Investors Bank.[7] On May 8, 2014 Investors Bancorp became a fully public company.

Anthony LicciardelloN.Y.S. Licensed Real Estate Broker/Owner

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Essential Property Information

  • MLS® #432112
  • Price$8,248,000
  • Bathrooms0.00
  • Square Footage8,667
  • Year Built1928
  • TypeCommercial
  • Sub-TypeOffice
  • StatusActive

Interior Features

Employee Lounge, Employee Lunchroom, Restrooms - Public, Restrooms - Staff

Community Information

  • Address8601 21
  • AreaBath Beach
  • CityBrooklyn
  • CountyKings (Brooklyn)
  • StateNew York
  • Zip Code11214


  • ExteriorStone
  • Exterior FeaturesDoors - 16-20 ft
  • RoofFlat
  • ConstructionBlock, Brick, Steel
  • FoundationPoured Concrete


  • InteriorCeramic, Granite, Stone
  • HeatingHot Air
  • Has BasementYes
  • BasementFinished, Full
  • # of Stories2

Additional Information

  • Date ListedJuly 30th, 2019
  • Days on Market365
  • ZoningC4-2

Listing Details

  • Listing OfficeRobert Defalco Realty Inc

Property Location

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© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RealEstateSINY.com.Data last updated: August 12th, 2020 at 10:45pm EDT