250 Utica Avenue presents the opportunity to acquire the leasehold interest in a corner value-add retail property on a
ground lease in the heart of Crown Heights neighborhood of Brooklyn. This multi-tenant corner retail asset features strong
national credit tenants including Chipotle, Pure Gym, and CityMD, with upside by leasing the remaining 10,565 square
feet of space. The Property totals 61,240 square feet, comprising 45,067 square feet of retail space and a 16,173 square
foot, 81-space parking garage. With 10,565 square feet delivered vacant and a 25-year ICAP tax abatement in place, the
asset offers immediate leasing upside and enhanced cash flow for the incoming buyer.