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Commercial

6202 Avenue U

6202 Avenue U, Brooklyn, NY 11234

Listing Price: $3,750,000

Lot Size
0.23 acres
Price/Acre
$16,304,348
Land Type
Land
Buildable Square Feet
10,000

Investment Overview

Marcus & Millichap is pleased to exclusively offer 6202 Avenue U, a 10,000 square foot vacant lot in the Mill Basin submarket of South Brooklyn. Located on the Southeast corner of Avenue U and Mill Avenue, the lot has 100 feet of frontage on both thoroughfares, for a total of 200 feet of exposure to thousands of daily bus and vehicle commuters. The property will be delivered with approved plans for a single-story retail building with ample signage and parking to code. This offering gives investors the opportunity to acquire an extremely leasable asset that will provide long-term gains, in a highly desirable location for their existing portfolio of retailers. For retail tenants,the property offers a lifetime of exposure, strategic positioning, and easy access to a vibrant customer base. This dominant retail location lies at the only major intersection on the retail corridor between Georgetowne Shopping Center and Kings Plaza Mall, regional power shopping centers where post-pandemic rents exceed $200 psf. Other nearby traffic generators include Brooklyn College, several parks, and the Belt Parkway.

Investment Highlights

  • High trafficked corner retail pad development opportunity with drivethru potential.
  • The property will be delivered with approved plans for a 4,343 SF single-story retail building with ample signage and parking to code.
  • Over 200 feet of retail exposure (frontage) on one of the busiest interesections in the Mill Basin market.

Exclusively Listed By

Financing By

Commercial

6202 Avenue U

Listing Price: $3,750,000

Lot Size
0.23 acres
Price/Acre
$16,304,348
Land Type
Land
Buildable Square Feet
10,000

Investment Highlights

  • High trafficked corner retail pad development opportunity with drivethru potential.
  • The property will be delivered with approved plans for a 4,343 SF single-story retail building with ample signage and parking to code.
  • Over 200 feet of retail exposure (frontage) on one of the busiest interesections in the Mill Basin market.

Investment Overview

Marcus & Millichap is pleased to exclusively offer 6202 Avenue U, a 10,000 square foot vacant lot in the Mill Basin submarket of South Brooklyn. Located on the Southeast corner of Avenue U and Mill Avenue, the lot has 100 feet of frontage on both thoroughfares, for a total of 200 feet of exposure to thousands of daily bus and vehicle commuters. The property will be delivered with approved plans for a single-story retail building with ample signage and parking to code. This offering gives investors the opportunity to acquire an extremely leasable asset that will provide long-term gains, in a highly desirable location for their existing portfolio of retailers. For retail tenants,the property offers a lifetime of exposure, strategic positioning, and easy access to a vibrant customer base. This dominant retail location lies at the only major intersection on the retail corridor between Georgetowne Shopping Center and Kings Plaza Mall, regional power shopping centers where post-pandemic rents exceed $200 psf. Other nearby traffic generators include Brooklyn College, several parks, and the Belt Parkway.

Exclusively Listed By

Financing By

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