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1344 Utica Ave
Brooklyn, NY 11203
1344-1346 Utica Ave., Brooklyn, NY 11203 · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
5,250 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.31
Lot Size
0.09 AC
Zoning
M1-1
Frontage
40’ on Utica Avenue
Amenities
- Bus Line
- Metro/Subway
- Restaurant
About 1344 UTICA AVE , BROOKLYN, NY 11203
The Offering: Coldwell Banker Reliable Commercial Division is pleased to offer 1344-1346 Utica Avenue for sale. A 4,000 SF, 6 unit Retail property. Located in the East Flatbush section of Brooklyn NY. Investment Highlights: - Projections: 6.7% Cap Rate / $120,000 Net Income - To be delivered vacant - 4,000 SF Retail Property on a 40ft x 100ft lot. - Additional 5,600 buildable SF for Facility. Totaling 9,600 SF. Location Highlights: - Sales prices currently average $481 Per SF, up 17.1% YoY (source CoStar). - Easy access to public transportation. Walking distance B46 & B7 buses. - Located on Utica Ave, walking distance to Kings Highway a major retail corridor
Property Taxes
| Parcel Number | 04784-0006 | Improvements Assessment | $184,950 |
| Land Assessment | $90,000 | Total Assessment | $274,950 |
Property Taxes
Parcel Number
04784-0006
Land Assessment
$90,000
Improvements Assessment
$184,950
Total Assessment
$274,950
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