Who Wants To Own A Bank Of America Bank On 18th Avenue?

Image courtesy of MasseyKnakal.com

Real estate giants Massey Knakal have put the space at 6601 18th Avenue up for sale. The 4,000-square-foot Bank of America branch location is currently under construction.

Located on the corner of 18th Avenue and 66th Street, this heavily-trafficked site can have a net operating income of $450,000.

Here’s what they write about the sale:

18th Avenue, also known as Cristoforo Colombo Boulevard, is undoubtedly one of the neighborhood’s most visible and heavily-trafficked thoroughfares, making it an obvious location for the popular national bank. Ground leased for 20 years, the property offers prospective purchasers a high yield, management free investment opportunity in the
heart of one of Brooklyn’s fastest growing middle-class neighborhoods. The current net operating income is approximately $450,000. Please contact us for more information.

Ah yes, and the asking price is a cool $9, 750,000. Who is in?


Sign in or become a Bklyner member to join the conversation.