Property is also known as 737 Riverdale Ave. East New York neighborhood. R6-C2-2 Zoning. Corner Lot 86 x 95 size. 8,170 Sq.Ft. Building size nearly 7,000 Sq.Ft. Each store has a basement as well. Longest lease is only 1 year left. Ideal for investors or redevelopment for a mixed use 30,000+ Sq.Ft building (Corner Wide Street). Tri-Corner property: Van Siclen/New Lots/Riverdale Avenues.
Description : TAXPAYER/BUILDABLE SITE FOR SALE. Consists of 7,000 Sq.Ft 6 Stores (longest lease is 1 year left). Each store has a basement. Market rent: $275,000 yr (low end at $45 per SF). Taxes: $29,639. Current heating and cooling is Gas and electric. Situated only 300 Ft to the Livonia Ave/Van Siclen Subway. 1 Mile to Jackie Robinson Parkway Via Van Siclen and Pennsylvania. 2 Miles to Belt Parkway via Van Siclen Ave. These type of properties are in demand. Don’t let this one slip you by.