2705 Mermaid
Brooklyn, NY 11229


Sq. Ft.: 13,990
Type: Commercial
Listing #418227
Great Investment Opportunity! 14,000 sqft store front with three stores 1st store is a Supermarket - 25 x 150, 2nd Store is a Variety Store 30 x 150, and the 3rd store front is a Medical Office 25x 150 ( with extra space 90 x 50 ) . Supermarket has a lease until 2025, current rent $5500 with a $500 annual increase, tenant pays all utilities. Variety Store rent is $3600 with $300 annual increase. Medical Center rent is $8500 with $500 annual increase. Total annual rent is $212,200. Leases are set to expire in 2025. Owner pays all taxes. Tenants are responsible for their own utilities. In addition, 3rd storefront includes an extra 2000 sqft and has access to side street of West 27th Street. Close to all. Owner will consider all serious offers. All offers submitted with mortgage pre-approval and buyer financial profile.
Property Features
Location Information
County: Kings
Neighborhood: Coney Island
Interior Features
Heating: Hot Water
Heating Fuel: Gas
Floors: Tile
Handicap Access: Unknown
Basement Description: None
Exterior Features
Stories: 1
Construction: Brick
Exterior: Brick
Foundation: Poured Concrete
Roof: Flat
Electric: 220 V
Utilities: Gas
Lot: 42
Lot Size in Acres: 0.275
Lot Size in Sq. Ft.: 12, 000
Lot Length: 150
Lot Width: 80
Additional Information
Property Type: COM
Property SubType: Detached
Property SubType 2: Commercial
Block: 7012
Features: Sign - Building, Kitchen, Restrooms - Public, Restrooms - Staff

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Interest Rate
Down Payment
List Price:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of RE/MAX Edge
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Information Deemed Reliable, but Not Guaranteed.
BNYMLS (Brooklyn) data last updated at March 18, 2018 12:24 AM ET