5023-5025 New Utrecht Ave

Ariel Property Advisors has been retained on an exclusive basis to arrange for the sale of 5023-5025 New Utrecht Avenue, 2 adjacent 3-story mixed-use buildings located on the east side of New Utrecht Avenue between 50th and 51st Streets in Borough Park. The 2 buildings total approximately 7,087 square feet, have 40’ of frontage on New Utrecht Avenue and consist of 4 free market apartments and 2 commercial units that have been combined into one. The current commercial tenant has one year left on their lease making this a perfect opportunity for an owner-user. The property is located directly below the D train subway line which runs along New Utrecht Avenue, and is only steps away from the 50th Street station. Also on the block is the B11 bus stop, creating a constant stream of heavy foot traffic along the corridor. Please contact our office for more details.