This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
298 Utica Ave
3,434 SF 74% Leased Light Industrial Building Brooklyn, NY 11213 £1,568,820 (£457/SF)
Investment Highlights
- Heavy daytime foot traffic
- Vacant building
- Corner property with dual frontage
Executive Summary
298 Utica Ave is a three-story mixed-use building with three units total, consisting of one commercial component and two residential units. The property is currently being self-occupied by the owner with existing cash flows that can be substantially increased with value-add construction work. Alumni of NY occupy the ground, second and third floors of the property.
Brooklyn is ubiquitously known for being the fourth largest city in all of America. Crown Heights offers a rich cultural experience as the area is known for its diverse demographic. Some of Brooklyn’s top museums and attractions, including the Brooklyn Museum and Brooklyn Botanic Garden.
Offering Memorandum Upon Request
Property Facts
| Price | £1,568,820 | Building Class | C |
| Price Per SF | £457 | Lot Size | 0.03 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 3,434 SF |
| Property Type | Light Industrial | Number of Floors | 3 |
| Property Subtype | Showroom | Year Built | 1925 |
| Price | £1,568,820 |
| Price Per SF | £457 |
| Sale Type | Investment or Owner User |
| Property Type | Light Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.03 AC |
| Rentable Building Area | 3,434 SF |
| Number of Floors | 3 |
| Year Built | 1925 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The commercial space at 298 Utica Ave is now available for lease. The ground floor consists of 900 square feet and will include an additional basement space of about the same size. The current tenant, Alumni of NY, is vacating by the end of January 2024. Tenant has the option to lease the second floor as office, storage or as they best see fit. Reach out for additional information.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 900 SF | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 900 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 900 SF |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
The commercial space at 298 Utica Ave is now available for lease. The ground floor consists of 900 square feet and will include an additional basement space of about the same size. The current tenant, Alumni of NY, is vacating by the end of January 2024. Tenant has the option to lease the second floor as office, storage or as they best see fit. Reach out for additional information.
PROPERTY TAXES
| Parcel Number | 01396-0046 | Improvements Assessment | £159,196 |
| Land Assessment | £10,590 | Total Assessment | £169,786 |
PROPERTY TAXES
zoning
| Zoning Code | C4-3 (Regional commercial center located outside of the central business districts) |
| C4-3 (Regional commercial center located outside of the central business districts) |
-
Richard Silverman -
Silver Line Realty Group NY LLC
Presented by
298 Utica Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.