Massey Knakal Realty Services has been retained on an exclusive basis to sell a retail building at 1620 Ralph Avenue. The property is located on the corner of Ralph Avenue and Farragut Road in Brooklyn’s East Flatbush neighborhood. The asking price is $4,200,000.
The one-story building contains approximately 7,672 square feet and sits on a 96’ x 154’ lot. It consists of four units and is 100% leased to a pizzeria, laundromat, and pair of medical offices. There is significant potential for upside in rents. This property has incredible street presence, benefitting from over 250 feet of frontage in a location with high traffic volume at a five-way intersection.
For more information on this listing, contact Massey Knakal Chairman Bob Knakal at 212.696.2500 or Director of Sales Edward Gevinski at 718.238.8999.
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Neighborhoods: Flatbush