428 9Th StBrooklyn, NY 11218

For Sale
$989,000

1,416 SF Office, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional new construction commercial condo, located at 428 East 9th Street in the desirable Kensington neighborhood of Brooklyn, New York, presents a unique investment opportunity. Boasting 1,416 square feet of versatile space on the ground floor, this property is perfect for a variety of commercial uses. The building features 8-10 foot ceilings, providing ample headroom and a sense of spaciousness. Situated on a generous 12,600 square foot lot, the property offers significant potential for future expansion or development. The building benefits from a substantial 25-year tax abatement (ICAP), significantly reducing operating costs. Low monthly common charges of only $219 further enhance the financial appeal. This is a blank canvas for a discerning buyer

Highlights

  • New construction commercial condo, 1,416 sq ft, ground floor, Kensington, Brooklyn.
  • Versatile space suitable for various commercial uses.
  • 8-10 ft ceilings.
  • Situated on a 12,600 sq ft lot with expansion potential.
  • 25-year tax abatement (ICAP) and low $219 monthly common charges.
  • Excellent investment opportunity.

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6382254
Longitude
-73.9699532
428 9Th St, Brooklyn, New York

FAQs

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428 9Th St
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