Marcus & Millichap has successfully sold 107 Avenue U a two tenant retail property located on the corner of Avenue U and West 9th Street (Block: 7096, Lot: 40). The subject property is built full, sitting on a 20-foot by 100-foot lot. In total, the property has approximately 2,000 gross square feet. The property is zoned C2-3/R5B and has an additional 700 square feet of buildable air rights.

The subject property has two commercial tenants. The pizza shop has 20 feet of frontage on Avenue U, with less than four years remaining on their current lease. The rear tenant is a wood furniture shop with a lease expiring in November 2015. The tenants are separately metered for water, electricity, and heat. The owner is solely responsible for taxes and property insurance.

The property is conveniently situated on a prominent South Brooklyn retail corridor, with corner exposure.

The subject offering presents a strong opportunity to acquire a corner retail property with potential for a five percent return almost immediately.

• Two Retail Units on the Corner of Avenue U and West 9th Street
• Located in South Brooklyn's Top Retail Corridor
• Ideally Located One Block from Avenue U "N" Train
• Very Low Management Responsibility
• Tenants Pay Heat, Water and Sewer
• Upside in Income with Expiring Lease in November