1401 Foster Ave | Prime Corner Mixed Use Building For Sale W/ Air Rights

1401 Foster Ave Brooklyn, NY 11230

1401 Foster Ave , Brooklyn, NY, 11230
1401 Foster Ave , Brooklyn, NY, 11230 1401 Foster Ave , Brooklyn, NY, 11230
Property Type:
Street Retail
Last Verified:
May 29, 2024

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  • Corner Location
  • 5 commercial units
  • 2 residential units
  • Diversified rental income opportunity
  • Air rights for potential future development
  • Building Size: 5,060 SF
  • Lot Size: 2,860 SF


Invest in prime Retail / Street Retail space in Brooklyn, NY with this exceptional 5,060 SF building. This sought-after property features 4 units, including 2 spacious residential units and 2 versatile commercial units, offering a lucrative and diversified rental income opportunity. With a convenient corner location and 100% occupancy, this property is perfectly situated for maximum visibility and foot traffic. Zoned R6A / C2-4, the 2,490 SF lot provides ample space for future expansion or development. Don't miss out on the chance to add this highly desirable property to your investment portfolio.

Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington.

Nearest transit: B & Q trains at Newkirk Ave and the B8, B68, & B49 bus lines.

Nearby tenants include Newkirk Halal Grocery, New Nice China Town, Maa Grocery, Dunkin', Walgreens, Milk And Honey Cafe, Coffee Mob, United States Postal Service, CTown Supermarkets, T-Mobile, 3 Star Coffee Shop, Lin's Laundromat, Foster Comprehensive Dental Care, Rusty Nail Brooklyn, Flatbush Frameworks, McDonald's, Baskin-Robbins, and more!

Building Size: 5060sq ft
Lot Size: 0.07 acres


1401 Foster Ave Brochure

Map of 1401 Foster Ave , Brooklyn, NY, 11230

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because: