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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

548 Utica Ave Brooklyn, NY 11203

19,070 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 19,070 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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