SOLD FOR $2,995,000
· Sold at asking price · Closed August 22, 2018
$2,995,000
1321 Rogers Avenue #0
MLS® #RLS10057660
Listing by The Corcoran Group
Studio
1
Bath
N/A
Sq. Ft.
1933
Year Built
Sale Details
Property Summary
Description
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%.
Property Details
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Listing courtesy of Stefanie Barlow at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.