455-457 Utica Ave
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455-457 Utica Ave
4,000 SF 50% Leased Retail Building Brooklyn, NY 11203 £1,369,288 (£342/SF) 6.32% Net Initial Yield
Investment Highlights
- Two story building
- 1 commissary kitchen
- The ground floor can be delivered vacant
- 3 units
- 2 law firms with 2 different specialties
Executive Summary
Two Story Building with 3 Commercial Spaces for Sale in East Flatbush.
Highlights:
- Two story building
- 3 units
- 1 commissary kitchen
- 2 law firms with 2 different specialties
- The ground floor can be delivered vacant
Located in the East Flatbush neighborhood of Brooklyn on Utica Ave Between East New York Ave & and Maple St near the Crown Heights - Utica Ave subway station.
Nearest Transit: 2,3, 4, & 5 trains at Crown Heights - Utica Ave and the B46, B17, B46, & B12 bus lines.
Nearby tenants include KFC, White Castle, Island Burger, Crunch Fitness, Wendy's, Metro by T-Mobile, Utica Car Wash, Family Dollar, Utica Family Dentistry, Sea Kings Steam and Fry Seafood Inc, Utica Wines and Liquors, Raffy's Super Deli Grocery, Brooklyn Wing House, Dunkin', and more!
Highlights:
- Two story building
- 3 units
- 1 commissary kitchen
- 2 law firms with 2 different specialties
- The ground floor can be delivered vacant
Located in the East Flatbush neighborhood of Brooklyn on Utica Ave Between East New York Ave & and Maple St near the Crown Heights - Utica Ave subway station.
Nearest Transit: 2,3, 4, & 5 trains at Crown Heights - Utica Ave and the B46, B17, B46, & B12 bus lines.
Nearby tenants include KFC, White Castle, Island Burger, Crunch Fitness, Wendy's, Metro by T-Mobile, Utica Car Wash, Family Dollar, Utica Family Dentistry, Sea Kings Steam and Fry Seafood Inc, Utica Wines and Liquors, Raffy's Super Deli Grocery, Brooklyn Wing House, Dunkin', and more!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,000 SF
Building Class
B
Year Built
1993
Price
£1,369,288
Price Per SF
£342
Net Initial Yield
6.32%
NOI
£86,563
Percent Leased
50%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.84
Land Acres
0.05 AC
Zoning
C8-2 - Located in the East Flatbush neighborhood of Brooklyn on Utica Ave Between East New York Ave & and Maple St near the Crown Heights - Utica Ave subway
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Full Scale Commissary Kitchen Fully Vented Brand New HVAC System Tile Floors Dropped Ceilings Fire Alarm System Ready to Go
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
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1st Floor
| Size | 2,000 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Full Scale Commissary Kitchen Fully Vented Brand New HVAC System Tile Floors Dropped Ceilings Fire Alarm System Ready to Go
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 04591-0080 | Improvements Assessment | £184,502 |
| Land Assessment | £27,112 | Total Assessment | £211,614 |
PROPERTY TAXES
Parcel Number
04591-0080
Land Assessment
£27,112
Improvements Assessment
£184,502
Total Assessment
£211,614
-
Power Broker Shlomi Bagdadi -
Jack Sardar -
Tri State Commercial
(718) 437-6100
x104
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455-457 Utica Ave
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