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1401 Foster Ave | Prime Corner Mixed Use Building For Sale W/ Air Rights

$1,999,000

1401 Foster Ave, Brooklyn, NY 11230

Active
Last Updated: 03/03/2025

5,060 sqft

Building Size

0.0657 acres

Lot Area

Details:
Building Size:    5,060 sqft
Lot Area:    0.0657 acres
Occupancy:    100%
Highlights:
  • Corner Location
  • 5 commercial units
  • 2 residential units
  • Diversified rental income opportunity
  • Air rights for potential future development
  • Building Size: 5,060 SF
  • Lot Size: 2,860 SF
Description:

Invest in prime Retail space in Brooklyn, NY with this exceptional 5,060 SF building. This sought-after property features 4 units, including 2 spacious residential units and 2 versatile commercial units, offering a lucrative and diversified rental income opportunity. With a convenient corner location and 100% occupancy, this property is perfectly situated for maximum visibility and foot traffic. Zoned R6A / C2-4, the 2,860 SF lot provides ample space for future expansion or development. Don't miss out on the chance to add this highly desirable property to your investment portfolio.

Located at the corner of Foster Ave & Rugby Rd in the heart of Brooklyns vibrant neighborhood, Kensington.

Nearest transit: B & Q trains at Newkirk Ave and the B8, B68, & B49 bus lines.

Nearby tenants include Newkirk Halal Grocery, New Nice China Town, Maa Grocery, Dunkin', Walgreens, Milk And Honey Cafe, Coffee Mob, United States Postal Service, CTown Supermarkets, T-Mobile, 3 Star Coffee Shop, Lin's Laundromat, Foster Comprehensive Dental Care, Rusty Nail Brooklyn, Flatbush Frameworks, McDonald's, Baskin-Robbins, and more!

Map:
Documents:
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Location
Gallery