1344 UTICA AVE COMMERCIAL, #SHOP CNTER

$1,500,000

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ID #: 28265
Property Type: Retail
Availability: Immediately


Building & Unit Features


10.6 Cap shopping center in East Flatbush
RETAIL OPPORTUNITY
Corner of Utica & Foster Ave, East Flatbush
Summary
· Corner property - being delivered vacant
· One story taxpayer with 6 commercial / retail units
· Additional air rights available to add 1-2 floors for office or retail use
Located
· Utica Avenue & Foster Ave, Brooklyn


Description
· Block / Lot

· Lot / Building 40 x 100
· FAR 1.0 for commercial use
2.4 with community facility use
Remarks
· Taxpayer - with additional air right
· When occupied - property had $181,000 gross & $159,000 NOI
Expenses:
Taxes: $17,742
Insurance $4,000
Asking Price $1,680,000


Listing Agent






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