Retail

1702 Avenue U - Brooklyn, NY

1702 Avenue U Brooklyn, NY United States 11229-3812
Asking Price Contact for pricing
Sq. Footage 6,400
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1950
Lot Size 0.18 ACRES

Property Description

A 6,400 square foot commercial property for sale, currently occupied by a bank branch and located at 1702 Avenue U in Brooklyn, New York. Located on the southeast corner of Avenue U and East 17th Street, the Property sits within a densely-populated residential Brooklyn community approximately eight miles south of Manhattan. The Avenue U MTA Station is one block west of the property, and with more than 132,000 residents within a one-mile radius, it possesses long-term intrinsic value. This opportunity offers investors a value-add, repositioning opportunity within a densely-populated Brooklyn market with strong real estate fundamentals.

Investment Highlights

  • Brooklyn market with strong demographics
  • Advantageous zoning with value-add repositioning potential 
Peter Furest
Peter Furest
SVP, Capital Markets
Licensed in
NY - 10401232530

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