1321 Rogers Ave

Situated on an expansive 80X102 foot lot, with two large overhead entrances and an interior ceiling height of 15 feet, this 8,160 square foot building is almost entirely open, save for three narrow iron support columns that run down the center of the building. Presently used as an auto repair shop, the building can be delivered vacant. Close to Foster and Flatbush Avenues, this property would make an excellent distribution site, warehouse, storage facility, event hall, gymnasium, grocery, or continue as a garage. Moreover, its R5B zoning allows for 11,070 square feet of residential build-able, making it an excellent condo or rental building development site. The 2/5 trains are just three blocks away. Should the building be re-purposed into office or retail, both of which average over $30 price per square foot in the neighborhood, the cap rate is above 10%.