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250 Utica Ave 45,067 SF 100% Leased 4-Star Retail Building Brooklyn, NY 11213 For Sale
Executive Summary
ground lease in the heart of Crown Heights neighborhood of Brooklyn. This multi-tenant corner retail asset features strong
national credit tenants including Chipotle, Pure Gym, and CityMD, with upside by leasing the remaining 10,565 square
feet of space. The Property totals 61,240 square feet, comprising 45,067 square feet of retail space and a 16,173 square
foot, 81-space parking garage. With 10,565 square feet delivered vacant and a 25-year ICAP tax abatement in place, the
asset offers immediate leasing upside and enhanced cash flow for the incoming buyer.
Property Facts
Amenities
- Bus Line
- Corner Lot
- Signage
- Signalized Intersection
- Air Conditioning
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Property Highlights: Located at the bustling intersection of Utica Avenue and Lincoln Place in Crown Heights, this spacious 10,000 SF second-floor unit provides a highly visible and accessible retail opportunity. Situated in a densely populated residential area, this property benefits from high foot traffic and excellent visibility. The space is accessible via an escalator or elevator and is supported by a side-street freight elevator for loading, catering to a wide range of business needs. Property Details: Size: 10,000 SF (Second Floor) Frontage: 100 feet of 2nd-floor signage Ceiling Height: 12 feet Availability: Immediate Possession Rent: Upon Request This expansive space is well-suited for a variety of retail and service-oriented businesses, including specialty retail, fitness centers, educational facilities, and wellness centers. The ample square footage, high ceilings, and substantial foot traffic make it an ideal site for brands looking to establish or expand their footprint in the vibrant Crown Heights neighborhood.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 10,000 SF | Retail | - | 30 Days |
2nd Floor
| Size |
| 10,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
2nd Floor
| Size | 10,000 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Property Highlights: Located at the bustling intersection of Utica Avenue and Lincoln Place in Crown Heights, this spacious 10,000 SF second-floor unit provides a highly visible and accessible retail opportunity. Situated in a densely populated residential area, this property benefits from high foot traffic and excellent visibility. The space is accessible via an escalator or elevator and is supported by a side-street freight elevator for loading, catering to a wide range of business needs. Property Details: Size: 10,000 SF (Second Floor) Frontage: 100 feet of 2nd-floor signage Ceiling Height: 12 feet Availability: Immediate Possession Rent: Upon Request This expansive space is well-suited for a variety of retail and service-oriented businesses, including specialty retail, fitness centers, educational facilities, and wellness centers. The ample square footage, high ceilings, and substantial foot traffic make it an ideal site for brands looking to establish or expand their footprint in the vibrant Crown Heights neighborhood.
Nearby Major Retailers
Property Taxes
| Parcel Number | 01384-0051 | Improvements Assessment | $4,962,600 |
| Land Assessment | $594,000 | Total Assessment | $5,556,600 |
Property Taxes
Presented by
250 Utica Ave
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