• 8601 21 Ave

  • Brooklyn, NY 11214
  • Neighborhood: Bensonhurst
  • $8,248,000
  • 8,667 SqFt
  • $951.66 / SqFt
  • HOA: N/a
  • MLS® #: 1138235
  • Year Built: 1928
REDUCED

Description of 8601 21 Ave, 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 servingcustomers 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

Mortgage Calculator

Down Payment: Monthly Payment:

Home Valuation Map

See what homes in your area are priced at now. This innovative tool puts you in the know about what your home may sell for.

Click Here

Essential Property Information

  • MLS® #1138235
  • Price$8,248,000
  • Square Footage8,667
  • Lot Dimensions50 x 96
  • Year Built1928
  • TypeCommercial
  • Sub-TypeCommercial
  • StatusActive

Interior

  • HeatingSteam
  • CoolingCentral
  • # of Stories2

Community Information

  • Address8601 21 Ave
  • AreaBensonhurst
  • SubdivisionBensonhurst
  • CityBrooklyn
  • CountyKings
  • StateNY
  • Zip Code11214

Exterior

  • ConstructionConcrete Block

Amenities

  • ParkingStreet

Additional Information

  • ZoningC-4-2

Listing Details

  • Listing OfficeRobert Defalco Realty, Inc.

Property Location

Get directions to this property:
Please provide a valid email address.

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.

Listing data is deemed reliable but it not guaranteed accurate by the MLS.

Listing information is provided by the Staten Island Board of REALTORS®.