Executive Summary
7-Story Mixed-Use New Development
Highlights
Total Commercial Units 2
Total Residential Units 10 - 7 Free Market & 3 Affordable Housing
FAR 4.05 With Current Cap Rate 6.1%
ADA Compliant Building With Elevator Access
Ground Floor Access With Glass Storefront And Floor-To-Ceiling Windows
Lot Dimensions 25.33 X 110
Vanilla Box Delivery With Open Floor Plan
HVAC System, Plumbing In Place, And Sprinklers In Place
Grand Signage Opportunity With Excellent Street Frontage And Visibility
High Pedestrian And Vehicle Traffic Area
Dense Residential Population Nearby With Strong Foot Traffic
Close Proximity To Public Transit, Subway, And Major Bus Lines
Heavy Traffic Corridor Surrounded By Strong Urban Activity
Map
Location
Located in the Homecrest neighborhood of Brooklyn between Avenue U & Avenue T near the Avenue U subway station.
Nearest Transit: Q train at Avenue U and the B49 & B3 bus lines.
Nearby tenants include Subway, Chase Bank, Bank of America Financial Center, Estelle Lounge and Karaoke Bar, Tribeca Pediatrics, NYC Wound Care Center, Little Istanbul Restaurant, Ocean Deli Grocery Market inc, Early Childhood Special Education, Simply Sweet, Drink Meta Water Coolers,
Fast Fix Cell Phone Repair Service & Accessories, and more!
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