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1791 Utica Ave
Brooklyn, NY 11234
Rite Aid. Flatlands, Brooklyn · Retail Property For Sale
PROPERTY FACTS
About 1791 Utica Ave , Brooklyn, NY 11234
Corner retail building with 500 feet of wraparound frontage on the corner of Avenue J; Between Avenue J and Avenue I & East 51st St 2 NNN tenants: Rite Aid and New York-Presbyterian/Brooklyn Methodist Hospital. Both Corporate guaranteed leases. Landlord is only responsible for roof and exterior structural walls. Originally built in 1996 and last altered in 2014. The long-term tenants have leases expiring in 2021 & 2022 respectively. Rite-Aid has strong sales is independently corporately owned and is not owned by Walgreens. This strong retail location is adjacent to the 787-unit Kings Village Apartment Complex. New York-Presbyterian has already asked for a new 10 year lease at higher rent. National tenants within a couple blocks of this property are: McDonald’s, Dollar Tree, KFC, Popeyes, Wendy’s, Dunkin and Staples. Separate on-site parking supported for each tenant. 40,000 SF LOT! DEVELOPMENT POTENTIAL WITH LIKLEY UP-ZONING THROUGH ULURP. Contact: George Valliades 914.582.2611 gjv@highcapgroup.com
PROPERTY TAXES
| Parcel Number | 07776-0006 | Improvements Assessment | $2,000,329 |
| Land Assessment | $778,086 | Total Assessment | $2,778,415 |
PROPERTY TAXES
