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455-457 Utica Ave

4,000 SF 50% Leased Retail Building Brooklyn, NY 11203 $1,750,000 ($438/SF) 6.32% Cap Rate

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!

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
$1,750,000
Price Per SF
$438
Cap Rate
6.32%
NOI
$110,631
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
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
  • 1st Floor
  • 2,000 SF
  • Restaurant
  • In-Line
  • Now

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

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bravo
Santander Bank
Crunch
Ctown
Key Food
Golden Krust
Chase Bank
Checkers
Blink Fitness
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04591-0080
Land Assessment
$34,650
Improvements Assessment
$235,800
Total Assessment
$270,450
  • Listing ID: 31454482

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 455-457 Utica Ave, Brooklyn, NY 11203

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