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Informations principales sur l'investissement
- Immediate repositioning opportunity
- Operational parking
- Anchored by top tier credit
- Unparalleled connectivity
Résumé analytique
Jones Lang LaSalle (“JLL”) has been exclusively retained to market 1630
East 15th Street (the “Property”), a block-through asset between Kings
Highway and Avenue P in the heart of Midwood, Brooklyn. Anchored by
T.J. Maxx—supported by an investment-grade parent company—the
Property benefits from exceptional visibility, strong tenancy, and prime
transit access. Located less than 300 feet from the Kings Highway subway
station, the site offers a one-minute walk to the / lines, providing
quick connectivity to Downtown Brooklyn (˜20 minutes) and Midtown
Manhattan (˜35 minutes).
The 226,130 SF structure includes 129,028 SF of commercial space across
three floors and 97,102 SF of below-grade parking. Ceiling heights of 22.5
feet on the ground floor and 18 feet on the second floor support a wide
range of users.
T.J. Maxx occupies 26,644 SF on the ground floor with a lease through
2030 and four (4) five-year extension options. Its parent company, The TJX
Companies, Inc., holds an “A” S&P rating (affirmed March 21, 2025) and an
“A2” Moody’s rating (affirmed June 3, 2025), reinforcing its strength as a
long-term retailer. Elder Serve Health occupies 14,511 SF on the second
floor through November 30, 2029, with two (2) five-year extension options,
adding further stability.
The 257-space parking facility, managed by Impark, generates approximately $40,000 in monthly net income from a mix of permit and transient
parkers and operates efficiently following recent structural upgrades
With sizable vacancy across all three floors, large floor plates, strong
anchors, on-site parking, and immediate transit access, the Property offers
substantial value-add potential. New ownership can enhance income
through targeted lease-up and operational improvements, with a clear
path to stabilizing at approximately $3.6 million in NOI.
East 15th Street (the “Property”), a block-through asset between Kings
Highway and Avenue P in the heart of Midwood, Brooklyn. Anchored by
T.J. Maxx—supported by an investment-grade parent company—the
Property benefits from exceptional visibility, strong tenancy, and prime
transit access. Located less than 300 feet from the Kings Highway subway
station, the site offers a one-minute walk to the / lines, providing
quick connectivity to Downtown Brooklyn (˜20 minutes) and Midtown
Manhattan (˜35 minutes).
The 226,130 SF structure includes 129,028 SF of commercial space across
three floors and 97,102 SF of below-grade parking. Ceiling heights of 22.5
feet on the ground floor and 18 feet on the second floor support a wide
range of users.
T.J. Maxx occupies 26,644 SF on the ground floor with a lease through
2030 and four (4) five-year extension options. Its parent company, The TJX
Companies, Inc., holds an “A” S&P rating (affirmed March 21, 2025) and an
“A2” Moody’s rating (affirmed June 3, 2025), reinforcing its strength as a
long-term retailer. Elder Serve Health occupies 14,511 SF on the second
floor through November 30, 2029, with two (2) five-year extension options,
adding further stability.
The 257-space parking facility, managed by Impark, generates approximately $40,000 in monthly net income from a mix of permit and transient
parkers and operates efficiently following recent structural upgrades
With sizable vacancy across all three floors, large floor plates, strong
anchors, on-site parking, and immediate transit access, the Property offers
substantial value-add potential. New ownership can enhance income
through targeted lease-up and operational improvements, with a clear
path to stabilizing at approximately $3.6 million in NOI.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Bureau
Surface de l’immeuble
21 008 m²
Classe d’immeuble
A
Année de construction/rénovation
2007/2019
Occupation
Multi
Hauteur du bâtiment
3 étages
Surface type par étage
7 003 m²
Coefficient d’occupation des sols de l’immeuble
4,71
Surface du lot
0,45 ha
Zonage
C4-4A / R7A
Stationnement
257 places (12,23 places par 1 000 m² loué)
Caractéristiques
- Ligne d’autobus
- Métro
- Signalisation
- Sous-sol
- Chauffage central
- Climatisation
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Taxes foncières
| Numéro de parcelle | 06777-0017 | Évaluation des aménagements | 15 075 805 € |
| Évaluation du terrain | 962 963 € | Évaluation totale | 16 038 768 € |
Taxes foncières
Numéro de parcelle
06777-0017
Évaluation du terrain
962 963 €
Évaluation des aménagements
15 075 805 €
Évaluation totale
16 038 768 €
1 sur 9
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Kingswood Center | 1630 E 15th St
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