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455-457 Utica Ave 4,000 SF 100% Leased Retail Building Brooklyn, NY 11203 $1,798,407 CAD ($449.60 CAD/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 3 units - 1 Commissary Kitchen & 2 Law Firms
- Nearest Transit: 2,3, 4, & 5 trains at Crown Heights - Utica Ave and the B46, B17, B46, & B12 bus lines.
EXECUTIVE SUMMARY
Two-story commercial building located in the East Flatbush neighborhood of Brooklyn on Utica Ave Between East New York Ave & and Maple St near the Crown Heights - Utica Ave subway station.
Nearby tenants include KFC, White Castle, Island Burger, Crunch Fitness, Wendy's, Metro by T-Mobile, Utica Car Wash, Family Dollar, Utica Family Dentistry, Sea Kings Steam and Fry Seafood Inc, Utica Wines and Liquors, Raffy's Super Deli Grocery, Brooklyn Wing House, Dunkin', and more!
Nearby tenants include KFC, White Castle, Island Burger, Crunch Fitness, Wendy's, Metro by T-Mobile, Utica Car Wash, Family Dollar, Utica Family Dentistry, Sea Kings Steam and Fry Seafood Inc, Utica Wines and Liquors, Raffy's Super Deli Grocery, Brooklyn Wing House, Dunkin', and more!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,000 SF
Building Class
B
Year Built
1993
Price
$1,798,407 CAD
Price Per SF
$449.60 CAD
Cap Rate
9.50%
NOI
$170,849 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.05 AC
Zoning
C8-2 - Located in the Concourse neighborhood of Brooklyn, between East New York Ave & and Maple St. A short walk to the 3 train at the Sutter Ave.
Frontage
25’ on Utica Ave
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04591-0080 | Improvements Assessment | $364,071 CAD |
| Land Assessment | $48,839 CAD | Total Assessment | $412,910 CAD |
PROPERTY TAXES
Parcel Number
04591-0080
Land Assessment
$48,839 CAD
Improvements Assessment
$364,071 CAD
Total Assessment
$412,910 CAD
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455-457 Utica Ave
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