- Two story mixed-use building consisting of one retail store and one 3 bedroom apartment
- CAP: 7%
- GRM: 12
Utica Ave, Brooklyn, NY 11213
$875,000.00
Details
- Property is located near the [3,4,5] Train Service
Additional Information
| City | Brooklyn |
|---|---|
| Neighborhood | Crown Heights |
| Broker | Mark Akilov |
| Price | $875,000 |
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This is a development opportunity. Burger King franchisee will vacate; the seller has a negotiated number to buy out the tenant. The tenant would like to come back to the property and lease space if possible. Buyer has this option.
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
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