575 4th Ave Ph C, Brooklyn, NY 11215-7539

This exceptional investment opportunity presents two commercial condominium units totaling 4,146 square feet, situated on the ground floor of a new 70-unit luxury residential building in the highly desirable Park Slope neighborhood of Brooklyn, New York. The property boasts over 105 feet of wraparound frontage at the corner of 4th and Prospect Avenues, ensuring high visibility and accessibility. Unit A, a vacant 2,370 square foot space, offers immediate occupancy and customization potential. Unit B, spanning 1,776 square feet, is currently leased to Studio Pilates under a lease extending through September 2029, with a single five-year extension option. This provides immediate cash flow and long-term stability. The building's prime location offers unparalleled convenience, with direct access to the Prospect Expressway, providing easy access to Manhattan via the Hugh L. Carey Tunnel or the Brooklyn Bridge. Park Slope's vibrant atmosphere, proximity to Prospect Park, excellent schools, diverse dining options, and abundant shopping opportunities contribute to its status as one of New York City's most sought-after residential areas, creating a strong demand for retail space. The asking price for this exceptional retail condominium is $3,250,000, representing a price per square foot of $783.89. This is a rare opportunity to acquire a well-positioned retail property in a thriving Brooklyn neighborhood. The property is offered as a single unit sale, suitable for both investors and owner-users.