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625 Rogers Ave - The Rogers Residences 2,935 SF Retail Condo Unit Offered at $2,739,420 CAD 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 2
| Unit Size | 2,935 SF | Condo Use | Retail |
| Price | $2,739,420 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $933.36 CAD | Sale Conditions | Build to Suit |
| Unit Size | 2,935 SF |
| Price | $2,739,420 CAD |
| Price Per SF | $933.36 CAD |
| Condo Use | Retail |
| 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
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
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Property Facts
| 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 | - | - |
Presented by
625 Rogers Ave - The Rogers Residences
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