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1424 Utica Ave

East Flatbush, Brooklyn, NY
Floors
1
Total Size
6,000 sqft
Lot Size
0 acres
Zoning
M1
Year Constructed
1931

About 1424 Utica Ave

Constructed in 1931, the 6,000 square feet property at 1424 Utica Avenue in New York's up-and-coming East Flatbush area will interest investors as much as entrepreneurs looking to buy rather than to rent office space with a commercial unit.

Situated in the heart of East Flatbush, the 5,400 square foot block and brick construction at 1424 Utica Avenue has been operating as an auto repair business and sits in a fantastic high traffic location. This property would suit many different types of retail businesses, as well as New York's contractors and small manufacturing companies.

The single-story building at 1424 Utica Avenue in New York boasts concrete floors, M1-1 zoning, gas heating, 3 electric lifts and a new roof. Ideal as an auto repair/body shop, this building could also become a restaurant, storefront for an office-based enterprise, a bar, fast food outlet or small manufacturing business.

The auto repair business is on a short term lease. The building provides companies with easy access to Crown Heights, Flatbush, Canarsie, East New York and Georgetown. Situated just one block off Kings Highway, this property receives plenty of exposure.

1424 Utica Avenue in New York features a well-kept brown facade with roll-up, drive-in doors.

Internet Providers for 1424 Utica Ave

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s

The Neighborhood: East Flatbush

The typical asking rate per listing is in the $0's per square foot per year. The East Flatbush submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $46 per sqft per year. That's a 100% decline in rent.

Median Rate Median Size
East Flatbush
/sqft/yr
700
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in East Flatbush