1401 Foster Ave
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1401 Foster Ave
3,186 SF 100% Leased Retail Building Brooklyn, NY 11230 $1,999,000 ($627/SF)
Executive Summary
Invest in prime Retail / Street Retail space in Brooklyn, NY with this exceptional 5,060 SF building. This sought-after property features 4 units, including 2 spacious residential units and 2 versatile commercial units, offering a lucrative and diversified rental income opportunity. With a convenient corner location and 100% occupancy, this property is perfectly situated for maximum visibility and foot traffic. Zoned R6A / C2-4, the 2,490 SF lot provides ample space for future expansion or development. Don't miss out on the chance to add this highly desirable property to your investment portfolio.
- Corner Location
- 5 commercial units
- 2 residential units
- Diversified rental income opportunity
- Air rights for potential future development
- Building Size: 5,060 SF
- Lot Size: 2,860 SF
Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington.
Nearest transit: B & Q trains at Newkirk Ave and the B8, B68, & B49 bus lines.
Nearby tenants include Newkirk Halal Grocery, New Nice China Town, Maa Grocery, Dunkin', Walgreens, Milk And Honey Cafe, Coffee Mob, United States Postal Service, CTown Supermarkets, T-Mobile, 3 Star Coffee Shop, Lin's Laundromat, Foster Comprehensive Dental Care, Rusty Nail Brooklyn, Flatbush Frameworks, McDonald's, Baskin-Robbins, and more!
- Corner Location
- 5 commercial units
- 2 residential units
- Diversified rental income opportunity
- Air rights for potential future development
- Building Size: 5,060 SF
- Lot Size: 2,860 SF
Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington.
Nearest transit: B & Q trains at Newkirk Ave and the B8, B68, & B49 bus lines.
Nearby tenants include Newkirk Halal Grocery, New Nice China Town, Maa Grocery, Dunkin', Walgreens, Milk And Honey Cafe, Coffee Mob, United States Postal Service, CTown Supermarkets, T-Mobile, 3 Star Coffee Shop, Lin's Laundromat, Foster Comprehensive Dental Care, Rusty Nail Brooklyn, Flatbush Frameworks, McDonald's, Baskin-Robbins, and more!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,186 SF
Building Class
C
Year Built
1933
Price
$1,999,000
Price Per SF
$627
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.06 AC
Zoning
R6 - Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington.
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (97)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05235-0037 | Improvements Assessment | $78,900 |
| Land Assessment | $24,660 | Total Assessment | $103,560 |
PROPERTY TAXES
Parcel Number
05235-0037
Land Assessment
$24,660
Improvements Assessment
$78,900
Total Assessment
$103,560
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1401 Foster Ave
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