ONE STORY COMMERCIAL BUILDING FOR $850K

ONE STORY COMMERCIAL BUILDING FOR SALE
EXCELLENT USER/DEVELOPMENT OPPORTUNITY
950 UTICA AVENUE
BROOKLYN, NEW YORK
Location: East side of Utica Avenue between Snyder and Tilden Avenues
Block: 4721 
Lot: 11
Lot Size: 20' x 100'
Building Size:
Ground Floor: ---20' x 60' = 1,200
Stories: One
Gross Square Feet: 1,200 appx
Zoning: (FAR) R5 (1.25) with a C2-2 Overlay (1.0) Height limit 40’
Buildable Sq. Ft: 2,500
Air Rights: 1,300 Sq. Ft
Taxes: (23/24) $10,667.20
Description:

A 20’ wide vacant one story commercial building being used as an auto repair shop. The building is a great user opportunity; a user can use it for their business which can be a restaurant or grocery store. The property is also great for an investor, they can rent it to a laundry or a local gym or doctor office. The property is delivered vacant.
The property is a prime development opportunity, the zoning allows a four story building to be built. The first floor can be commercial and the upper floors residential. The units can be floor-through apartments or two units per floor.
The building is located in an area with a lot of foot traffic and strong demand for new apartments. The B 46 bus runs along Utica Avenue and goes to Eastern Parkway which gives access to the 3, 4 and 5 trains.  

ASKING PRICE: $850,000