Description

This 20-foot-wide, one-story vacant commercial building is currently configured as an auto repair shop and offers an excellent opportunity for both users and investors. An owner-user can occupy the property for a variety of businesses such as a restaurant or grocery store, while investors may lease the space to uses including a laundromat, local gym, or medical office. The property can be delivered vacant, providing immediate flexibility. In addition, the site presents a strong development opportunity, as zoning permits construction of a four-story building with ground-floor commercial space and residential units above. The residential layout could accommodate either floor-through apartments or two units per floor. Located in a high foot-traffic area with strong demand for new housing, the property benefits from convenient access to public transportation, including the B46 bus along Utica Avenue connecting to Eastern Parkway and the 3, 4, and 5 subway lines.