3,040 SF | 366 Utica Ave | Mixed Use Property For Sale | Projected 7.93% cap rate!

366 Utica Ave Brooklyn, NY 11213

366 Utica Ave, Brooklyn, NY, 11213
366 Utica Ave, Brooklyn, NY, 11213 366 Utica Ave, Brooklyn, NY, 11213
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$899,000
Last Verified:
Sep 20, 2023


Description

Mixed use brick building
1 commercial unit and 1 residential unit
Located on a busy retail strip

Located in the Crown Heights neighborhood of Brooklyn between Carroll St & Crown St near the Crown Hts - Utica Ave subway station.

Nearest transit: 2, 3, 4, & 5 trains at Utica Ave and the B46, B17, & B12 bus service.

Nearby tenants include White Castle, Family Dollar, KFC, Crunch Fitness, Amoco, CTown Supermarkets, T-Mobile, Portabella, AT&T, Dunkin', Boost Mobile, McDonald's, Dollar Tree, and more!

Building Size: 3040sq ft
Lot Size: 0.05 acres


Documents

Brochure - 366 Utica Ave.pdf

Map of 366 Utica Ave, Brooklyn, NY, 11213

Presented by:
Tri State Commercial Realty

Request additional information
Shlomi Bagdadi


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.