1401 Foster Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11230
$1,999,000 USD
718-437-6100
1401 Foster Ave, Brooklyn, NY for Sale
$1,999,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

1401 Foster Ave
Brooklyn, NY 11230


OVERVIEW

Invest in prime Retail / Street Retail space in Brooklyn, NY with this exceptional 5,060 SF building. This sought-after property features 4 units, including 2 spacious residential units and 2 versatile commercial units, offering a lucrative and diversified rental income opportunity. With a convenient corner location and 100% occupancy, this property is perfectly situated for maximum visibility and foot traffic. Zoned R6A / C2-4, the 2,490 SF lot provides ample space for future expansion or development. Don't miss out on the chance to add this highly desirable property to your investment portfolio. - Corner Location - 5 commercial units - 2 residential units - Diversified rental income opportunity - Air rights for potential future development - Building Size: 5,060 SF - Lot Size: 2,860 SF Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington. Nearest transit: B & Q trains at Newkirk Ave and the B8, B68, & B49 bus lines. Nearby tenants include Newkirk Halal Grocery, New Nice China Town, Maa Grocery, Dunkin', Walgreens, Milk And Honey Cafe, Coffee Mob, United States Postal Service, CTown Supermarkets, T-Mobile, 3 Star Coffee Shop, Lin's Laundromat, Foster Comprehensive Dental Care, Rusty Nail Brooklyn, Flatbush Frameworks, McDonald's, Baskin-Robbins, and more!

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$627 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,818 SF

ZONING

R6

APN/PARCEL ID

05235-0037

ASK ABOUT THIS PROPERTY

Shlomi BagdadiTri State CommercialMore Info
718-437-6100

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Shlomi BagdadiTri State CommercialMore Info
718-437-6100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.