1080 Utica Ave | Brooklyn, NY 11203
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- LoopNet Team
1080 Utica Ave
Brooklyn, NY 11203
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Can be delivered fully occupied for easy cashflow for an investor or vacant-ready for an end-user 10,000 SF of commercial space subdivided into 6 reta
- Corner building with spaces on two streets, a fully gated 900 SF yard + major retail frontage along busy Utica Avenue
- MAJOR CAPITAL WORK done in the last few years: all 3 roofs are new and have warranties (which will be delivered to purchaser at closing
- Asking $3,000,000 - a 6.2% cap rate on existing rents
- NO violations, clean building with good, in-place tenants
- Major frontage along heavily trafficked Utica Avenue, retail spaces rare in this area, very easy to lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.23 AC
Zoning
C8-1 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land.
Frontage
33’ on Utica Ave
PROPERTY TAXES
| Parcel Number | 04734-0032 | Improvements Assessment | $409,500 |
| Land Assessment | $90,900 | Total Assessment | $500,400 |
PROPERTY TAXES
Parcel Number
04734-0032
Land Assessment
$90,900
Improvements Assessment
$409,500
Total Assessment
$500,400
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