2118 Avenue U
Brooklyn, NY 11229
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located on Avenue U - main retail strip in Sheepshead Bay Brooklyn
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,286 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.15 AC
Zoning
R4/C1-3
ABOUT 2118 AVENUE U , BROOKLYN, NY 11229
Century 21 Block & Lot Real Estate has been retained on an exclusive basis to arrange for the sale of a corner commercial building with air rights in Sheepshead Bay, Brooklyn. The ground floor hosts two (2) retail stores with two parking spaces in the rear. There is also a full unfinished basement. The retail stores have expired leases and are on a month-to-month basis. There is substantial upside as new commercial leases are signed at market rate. Additional air rights are available that could be used to expand the property’s rentable floor area and maximize income potential. Close proximity to the Q train.
PROPERTY TAXES
| Parcel Number | 07354-0008 | Improvements Assessment | $223,248 |
| Land Assessment | $150,547 | Total Assessment | $373,795 |
