Mixed-Use Retail and Community
340 Junius Street Brooklyn, NY 11212
For Sale
Contact for pricing
Two-floor mixed-use building with Dollar Tree plus church and school tenants on separately metered spaces.
Property Size23,400 SF
Lot Size0.34 Acres
Price / SF$307.69
Days on Market55
Property Features for 340 Junius Street
General Information
- Standard status
- Active
- Size
- 23,400 SF
- Lot size
- 0.34 Acres
- Property subtype
- Land
Listing Agency:
RE/MAX Real Estate Professionals
Listed By:
Emily Hui Chen-Liang · License #New York
Source:
Crexi
Added: May 30
Changed: Jul 10
Last Checked: Jul 23 at 11:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Professionals
Investment Insights
Based on property information with market context.
340-356 Junius Street is a two-story mixed-use building totaling 23,400 sq. ft. on a 15,000 sq. ft. lot. The property is zoned M1-1 and supports a range of industrial, commercial, and community facility uses. Existing spaces are separately metered.
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.
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.
Key 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
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Studio 3k
Hotel & Motel
FAQs
What type of property is this?
Retail space - Two-floor mixed-use building with Dollar Tree plus church and school tenants on separately metered spaces.
Where is this retail space located?
The property is located at 340 Junius Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: 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
