Invictus Property Advisors (“Invictus”) is pleased to announce that we recently sold a partially vacant mixed-use property in Park Slope, Brooklyn. Invictus leveraged its buy-side brokerage network to work in conjunction to find an end-user looking to occupy the property. The subject property is a corner building comprising one floor of retail space and one floor of office space. The property is located on the highly trafficked 5th Avenue in Park Slope and is just three blocks away from the F, G, and R subway lines.
“With an existing tenant on the ground floor, the most aggressive buyer for this was going to be an end-user looking to occupy the second-story space,” said Chase Kirkpatrick, a Senior Associate of Invictus Property Advisors. “Our team was able to work with the buy-side broker community and close at an above-market price”.
The purchaser will be opening an additional dentist practice to better serve the needs of Park Slope. New ownership is excited about repositioning the asset in a neighborhood populated with vibrant restaurants, shops, and the overall community vibe.
- R6A (C1-4)
Zoning - 6,400
SF - 10,140
BSF - Corner
Notes - $64,333
ANNUAL TAX BILL
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