1080 Utica AveBrooklyn, NY 11203
10,000 SF Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- Vacant or occupied delivery available; ideal for investors or end-users.
- Asking price: $3,000,000, representing a 6.2% cap rate based on current rents.
- 10,000 square feet of commercial space, subdivided into six retail units with a strong rental history and high price-per-square-foot.
- Corner location with frontage on two streets, featuring a gated 900-square-foot yard and significant retail frontage on Utica Avenue.
- Two-story building; upper floor (3,500 SF) occupied by a long-term church tenant; lower floor comprises six distinct units (church classrooms, daycare, cell phone shop, barber shop, event space, and ironworks).
- Net operating income (NOI) of nearly $186,000 from day one.
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6464449
- Longitude
- -73.9300096
Nearby Similar for Sale
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