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
1791 Utica Ave
Brooklyn, NY 11234
Rite Aid. Flatlands, Brooklyn · Retail Property For Sale
PROPERTY FACTS
About 1791 Utica Ave , Brooklyn, NY 11234
Corner retail building with 500 feet of wraparound frontage on the corner of Avenue J; Between Avenue J and Avenue I & East 51st St 2 NNN tenants: Rite Aid and New York-Presbyterian/Brooklyn Methodist Hospital. Both Corporate guaranteed leases. Landlord is only responsible for roof and exterior structural walls. Originally built in 1996 and last altered in 2014. The long-term tenants have leases expiring in 2021 & 2022 respectively. Rite-Aid has strong sales is independently corporately owned and is not owned by Walgreens. This strong retail location is adjacent to the 787-unit Kings Village Apartment Complex. New York-Presbyterian has already asked for a new 10 year lease at higher rent. National tenants within a couple blocks of this property are: McDonald’s, Dollar Tree, KFC, Popeyes, Wendy’s, Dunkin and Staples. Separate on-site parking supported for each tenant. 40,000 SF LOT! DEVELOPMENT POTENTIAL WITH LIKLEY UP-ZONING THROUGH ULURP. Contact: George Valliades 914.582.2611 gjv@highcapgroup.com
PROPERTY TAXES
| Parcel Number | 07776-0006 | Improvements Assessment | $1,388,250 |
| Land Assessment | $540,000 | Total Assessment | $1,928,250 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
