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Brooklyn Retail Package For Sale
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Pending

2450 Flatbush Ave & 4201-09 Ave U and 2175 Hendrickson St, Brooklyn, NY 11234

Retail package for sale in Marine Park, Brooklyn.

Property Size25,300 SF
Lot Size0.23 Acres
Days on Market969

Property Features for 2450 Flatbush Ave & 4201-09 Ave U and 2175 Hendrickson St

General Information

Standard status Pending
Size 25,300 SF
Lot size 0.23 Acres
Property subtype Retail
Lease Type Modified Gross
Net Operating Income $485,341

Building Details

Buildings 3
Units 7
Listing Agency: JA Cohen Advisory Group LLC
Listed By: Jack A. Cohen · License #NY 10491209522
Source: Crexi
Added: Dec 27, 2023 Changed: Aug 16 Last Checked: Aug 21 at 11:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JA Cohen Advisory Group LLC

Investment Insights

Based on property information with market context.

This package includes multiple properties. The property at 2450 Flatbush Ave is a two-story retail building featuring a 60-foot frontage and a gross area of 15,300 square feet. It includes three selling floors, with one located in the lower level, and is situated on a 60-foot by 100-foot lot. This property will be delivered vacant. The properties at 4201-4209 Ave U & 1275 Hendrickson St combine for a 100-foot frontage and a total area of 10,000 square feet. This includes four ground-floor retail stores, all of which are currently occupied by paying tenants. The property at 4201 Ave U is a 3,000-square-foot retail building with two stores on a 50-foot by 60-foot lot. This parcel is contiguous with 2175 Hendrickson Street & 4209 Ave U. The property at 4209 Ave U is a 4,350-square-foot retail building with two stores on a 50-foot by 60-foot lot. The property at 1275 Hendrickson Street has an area of 2,650 square feet and is connected to the store at 4201 Ave U. All leases include demolition clauses for re-tenanting. The properties are located in Marine Park, across from the Kings Plaza Shopping Center, and near Floyd Bennett Field, Aviator Sports and Events Center, Marine Park, and Marine Park Golf Course. The properties are located 2.0 miles from Avenue U Subway Station, and the B3 Bus stop is in front of the 4201-4209 Ave U property. The Community Facility Far bonus is 2.0.

Key Highlights

  • Package deal: Three properties for $8,500,000.
  • 2450 Flatbush Ave: Delivered vacant, 2‑story retail building with 15,300 gross SF.**
  • 4201‑4209 Ave U & 1275 Hendrickson St: 10,000 combined SF with 4 ground floor retail stores currently generating rental income.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby
219k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 58% Shops & Services 32% Electronics 9% Apparel 1%
Lowe's Home Improvements & Furnishings
71,781 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
38,000 visits/mo 0.5 miles
Speedway Shops & Services
24,099 visits/mo 0.4 miles
P.C. Richard & Son Electronics
20,284 visits/mo 0.1 miles
Capital One Bank Shops & Services
16,070 visits/mo 0.2 miles

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail package for sale in Marine Park, Brooklyn.
Where is this retail space located?
The property is located at 2450 Flatbush Ave & 4201-09 Ave U and 2175 Hendrickson St Brooklyn, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Package deal: Three properties for $8,500,000.; 2450 Flatbush Ave: Delivered vacant, 2‑story retail building with 15,300 gross SF.**; 4201‑4209 Ave U & 1275 Hendrickson St: 10,000 combined SF with 4 ground floor retail stores currently generating rental income.
(917) 533-8905 Call to check price and availability
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