Current Use by Public Records
- Retail properties & Spaces
Property Details for 548 Utica Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use retail property, located at 548 Utica Avenue in Kings County, offers a unique investment opportunity. The newly constructed building boasts a total of 19,070 square feet, currently entirely vacant and available for lease. The space is highly versatile, with a minimum divisible unit of 1,123 square feet and a maximum contiguous space of 17,947 square feet, catering to a wide range of retail tenants. The property is ideally situated at the base of a 100% affordable, 322-unit residential building, ensuring a built-in customer base. A significant advantage is the inclusion of 11 dedicated parking spaces on-site, addressing a crucial need for customers and employees. Furthermore, this property is eligible for the FRESH Tax Credit, offering substantial financial incentives for qualified tenants. The building features a dedicated loading dock, specifically designed for efficient delivery and stock management, particularly beneficial for grocery stores or businesses requiring substantial deliveries. This prime location presents a rare chance to establish a thriving business in a rapidly developing area with strong potential for growth and high visibility. The flexible space options allow for customization to suit diverse business needs, making it an attractive proposition for a variety of retail concepts. Contact us today to learn more about this exceptional opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9313
- Latitude
- 40.6599
