Vacant-User
Vacant Corner Retail - 9,000 SF
4123 Avenue D, Brooklyn, NY 11203
Listing Price: $3,220,000
Investment Overview
The subject offering is a 9,000 SF single-story retail building located on the corner of Avenue D and E 42nd Street in Brooklyn's East Flatbush neighborhood. The property is built 90 x 100, with 100 feet of retail frontage on Avenue D. The offering was occupied by Rite Aid (and then Walgreens) for 25+ years. They recently shut the store, and the site will be delivered vacant at closing. The building rests on a 9,500 SF lot (95 x 100) zoned R4/C1-2.
The property is located right in the heart of East Flatbush's residential neighborhood. The asset is surrounded by local retailers. The B8 bus line, which runs from Central Brooklyn all the way to Bay Ridge, stops one corner over from the subject property.
This is an outstanding user/retail redevelopment opportunity to purchase a large corner retail building that was completely redeveloped in 2012. The property has a full basement, and the C of O is for Use Group 6, which allows for all commercial uses. There is also a conveyor belt system in-place to load merchandise into the cellar.
Vacant Corner Retail - 9,000 SF
Investment Highlights
- 9,000 SF corner retail building (corner of Avenue D and E 42nd Street) with 100 feet of retail frontage on Avenue D. The property rests on a 9,500 SF lot, and it is built 90 x 100.
- Recently vacant, the property had been leased to Walgreens for 25+ years. Property has a full basement.
- Ideal user/retail redevelopment opportunity.
Exclusively Listed By
Listing Price: $3,220,000
Investment Highlights
- 9,000 SF corner retail building (corner of Avenue D and E 42nd Street) with 100 feet of retail frontage on Avenue D. The property rests on a 9,500 SF lot, and it is built 90 x 100.
- Recently vacant, the property had been leased to Walgreens for 25+ years. Property has a full basement.
- Ideal user/retail redevelopment opportunity.
Investment Overview
The subject offering is a 9,000 SF single-story retail building located on the corner of Avenue D and E 42nd Street in Brooklyn's East Flatbush neighborhood. The property is built 90 x 100, with 100 feet of retail frontage on Avenue D. The offering was occupied by Rite Aid (and then Walgreens) for 25+ years. They recently shut the store, and the site will be delivered vacant at closing. The building rests on a 9,500 SF lot (95 x 100) zoned R4/C1-2. The property is located right in the heart of East Flatbush's residential neighborhood. The asset is surrounded by local retailers. The B8 bus line, which runs from Central Brooklyn all the way to Bay Ridge, stops one corner over from the subject property. This is an outstanding user/retail redevelopment opportunity to purchase a large corner retail building that was completely redeveloped in 2012. The property has a full basement, and the C of O is for Use Group 6, which allows for all commercial uses. There is also a conveyor belt system in-place to load merchandise into the cellar.
Exclusively Listed By
