The subject offering is 625 Rogers Avenue #C1, a 2,100-square-foot commercial
condominium located in the Prospect Lefferts Gardens neighborhood of Brooklyn, New York. The property is positioned along Rogers Avenue between Clarkson Avenue and Parkside Avenue and is located at the base of a recently constructed 20-unit luxury condominium building. The space is currently built out for daycare and educational use, providing a turnkey opportunity for compatible operators while offering investors flexibility for other permitted commercial uses under its Use Group 6 designation.
The commercial condominium is part of an approximately 37,432 square foot
building and is situated within an R6/C2-3 zoning district. Moreover, the property benefits from a significant ICAP tax benefit, resulting in an annual real estate tax bill of approximately $7,761 ($67,877 w/o Abatement) and providing an attractive expense profile for investors or owner-users.