Log In/Sign Up
Your email has been sent.
625 Rogers Ave - The Rogers Residences 2,935 SF Retail Condo Unit Offered at $2,000,000 in Brooklyn, NY 11225
Investment Highlights
- Heavy Daytime Foot Traffic
- Built Out Restaurant
- Lots of Natural Light
- Brand New Development
Executive Summary
Prime Location in Prospect Lefferts Gardens: Located at the base of a newly constructed luxury condo building, offering high visibility and strong built-in foot traffic. Fully Built Out Restaurant: Ideal for restauranteurs and hospitality groups seeking expansion. Potential for Real Estate Tax Exemptions: There is an ICAP tax abatement in effect which provide significant property tax reductions or exemptions, enhancing long-term savings and ROI. Excellent Transit Access: Close to 2, 5 subway lines, providing convenient access to Manhattan and Brooklyn. Neighbors: Lincoln Market, Walgreens, Papa Johns, Sweet Catch, Classic Cups, Pacha Cafe, The Deia, Fringe Pilates, Ciao Bella Coffee
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Build to Suit |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
Description
Prime Location in Prospect Lefferts Gardens: Located at the base of a newly constructed luxury condo building, offering high visibility and strong built-in foot traffic.
Fully Built Out Restaurant: Ideal for restauranteurs and hospitality groups seeking expansion.
Potential for Real Estate Tax Exemptions: There is an ICAP tax abatement in effect which provide significant property tax reductions or exemptions, enhancing long-term savings and ROI.
Excellent Transit Access: Close to 2, 5 subway lines, providing convenient access to Manhattan and Brooklyn.
Neighbors: Lincoln Market, Walgreens, Papa Johns, Sweet Catch, Classic Cups, Pacha Cafe, The Deia, Fringe Pilates, Ciao Bella Coffee
Fully Built Out Restaurant: Ideal for restauranteurs and hospitality groups seeking expansion.
Potential for Real Estate Tax Exemptions: There is an ICAP tax abatement in effect which provide significant property tax reductions or exemptions, enhancing long-term savings and ROI.
Excellent Transit Access: Close to 2, 5 subway lines, providing convenient access to Manhattan and Brooklyn.
Neighbors: Lincoln Market, Walgreens, Papa Johns, Sweet Catch, Classic Cups, Pacha Cafe, The Deia, Fringe Pilates, Ciao Bella Coffee
Sale Notes
2,935 SF Retail Condo For Sale in Prospect Lefferts Garden Available for Immediate Possession
Currently Built Out as a Restaurant
Asking Price: $2,000,000
CAM: Pro Rata Share PSF (Approx $6,000)
Taxes: ICAP Abatement
Approx $4,000 w/ICAP
Approx $40,000 without ICAP
Currently Built Out as a Restaurant
Asking Price: $2,000,000
CAM: Pro Rata Share PSF (Approx $6,000)
Taxes: ICAP Abatement
Approx $4,000 w/ICAP
Approx $40,000 without ICAP
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 2,935 SF | Retail | $2,000,000 ($681.43/SF) | - |
Unit 2
| Unit Size |
| 2,935 SF |
| Condo Use |
| Retail |
| Price |
| $2,000,000 ($681.43/SF) |
| NOI |
| - |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2
| Unit Size | 2,935 SF |
| Condo Use | Retail |
| Price | $2,000,000 ($681.43/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
| Description | |
| Prime Location in Prospect Lefferts Gardens: Located at the base of a newly constructed luxury condo building, offering high visibility and strong built-in foot traffic.<br> <br> Fully Built Out Restaurant: Ideal for restauranteurs and hospitality groups seeking expansion.<br> <br> Potential for Real Estate Tax Exemptions: There is an ICAP tax abatement in effect which provide significant property tax reductions or exemptions, enhancing long-term savings and ROI.<br> <br> Excellent Transit Access: Close to 2, 5 subway lines, providing convenient access to Manhattan and Brooklyn.<br> <br> Neighbors: Lincoln Market, Walgreens, Papa Johns, Sweet Catch, Classic Cups, Pacha Cafe, The Deia, Fringe Pilates, Ciao Bella Coffee</li></ul> | |
| Sale Notes | |
| 2,935 SF Retail Condo For Sale in Prospect Lefferts Garden Available for Immediate Possession<br> <br> Currently Built Out as a Restaurant <br> <br> Asking Price: $2,000,000<br> <br> CAM: Pro Rata Share PSF (Approx $6,000)<br> <br> Taxes: ICAP Abatement <br> Approx $4,000 w/ICAP<br> Approx $40,000 without ICAP</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 27,886 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,648 SF |
| Property Subtype | Apartment | Year Built | 2024 |
| Building Class | B | Lot Size | 0.09 AC |
| Zoning | R6 - Located in the Prospect Lefferts Gardens neighborhood of Brooklyn between Winthrop St & Parkside Ave near the Winthrop St subway station. | ||
| Total Building Size | 27,886 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 4,648 SF |
| Year Built | 2024 |
| Lot Size | 0.09 AC |
| Zoning | R6 - Located in the Prospect Lefferts Gardens neighborhood of Brooklyn between Winthrop St & Parkside Ave near the Winthrop St subway station. |
Amenities
Site Amenities
- Roof Terrace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | - |
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
625 Rogers Ave - The Rogers Residences
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.