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CVS 8430 New Utrecht Ave 15,754 SF Retail Building Brooklyn, NY 11214 For Sale
INVESTMENT HIGHLIGHTS
- Fee simple ownership encumbered by long-term ground lease
- Prime Bensonhurst retail corridor with national co-tenancy (Chase, Starbucks, McDonald’s)
- Secure, predictable income stream with scheduled rent escalations
- Steps from 18th Avenue subway station (D/M lines)
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present 8430 New Utrecht Avenue, a premier single-tenant retail property located in the heart of Bensonhurst, Brooklyn. This ±15,754 SF asset is offered as fee simple ownership encumbered by a ground lease, providing investors with secure, predictable cash flow and future redevelopment potential.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
15,754 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.93
Lot Size
0.39 AC
Zoning
R5, C2-2 - R5 with C2-2 overlay
Parking
30 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
206’ on New Utrecht Ave
AMENITIES
- Commuter Rail
- Metro/Subway
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06326-0060 | Improvements Assessment | $4,208,823 CAD |
| Land Assessment | $425,930 CAD | Total Assessment | $4,634,754 CAD |
PROPERTY TAXES
Parcel Number
06326-0060
Land Assessment
$425,930 CAD
Improvements Assessment
$4,208,823 CAD
Total Assessment
$4,634,754 CAD
CONTACTS
-
Daniel Abbondandolo -
Jon Squires -
Dimitri Venekas -
Joegy Raju -
Victor Little -
Cushman & Wakefield
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CVS | 8430 New Utrecht Ave
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