340 Junius Street, Brooklyn, NY 11212
Two-floor mixed-use building with Dollar Tree plus church and school tenants on separately metered spaces.
- Added:
- May 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 6 at 2:13 am
Property Features for 340 Junius Street
General Information
- Standard status
- Active
- Size
- 23,400 SF
- Lot size
- 0.34 Acres
- Property subtype
- Land
Listing agent Emily Hui Chen-Liang License #New York
Listing office RE/MAX Real Estate Professionals
Listing date May 30, 2026
Source Crexi
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HighLights
- Two‑floor mixed‑use building at 340‑356 Junius Street with 23,400 sq. ft. of usable space on a 15,000 sq. ft. lot
- Dollar Tree national credit tenant on a 15‑year lease at $27,000/month; tenant pays its own utilities and contributes no real estate taxes
- Separately metered spaces: church tenant (Unit 1, 2,500 sq. ft.) at $3,500/month and school tenant (Unit 2, 4,000 sq. ft.) at $6,000/month
- Zoned M1‑1, allowing a variety of industrial, commercial, and community facility uses
- Potential gross income $558,000 and potential net income $458,000 with expenses estimated at approximately $100,000
- Current property taxes $66,714.20 with 12 years remaining on a tax abatement; parking on multiple spots next to the property and supermarket across the street
Overview
Dollar Tree occupies a portion of the building on a 15-year lease at $27,000 per month. Dollar Tree pays its own utilities and contributes no real estate taxes under the lease structure. Unit 1 is leased as a church for $3,500 per month (no lease). Unit 2 is leased as a school for $6,000 per month (no lease). There are also two additional units available, each at $5,000 per month. Current property taxes are $66,714.20, and the property has 12 years remaining on a tax abatement. Off-site parking is available in multiple spots next to the property, and a supermarket is directly across the street. The location is also convenient to the 1, 2, and 3 train stations.
The configuration supports multiple tenant types, including retail and community uses, which can be attractive for operators and investors seeking a managed mix of incomes. The separately metered setup can help simplify utility responsibility across spaces, while the available units provide flexibility for a new tenant or user to step in based on their requirements.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.902315
- Latitude
- 40.665841
