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$1,600,000
Est. payment /mo
6,750 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,750 sqft
Price per Sqft $237
MLS Listing ID 496585
Year Built 1910
Annual Tax Amount $40,281
Property Sub-Type Mixed Use
Property Description
Introducing 209 Hawthorne Street, Brooklyn, NY 11225 — Corner Mixed-Use Property
Exceptional investment opportunity located on a prime corner in the vibrant Prospect Heights/Lefferts Gardens area. This well-maintained mixed-use building features 10 renovated residential apartments, each 1 bedroom and 1 bathroom, along with 1 commercial storefront. The property currently offers a 6% cap rate.
The storefront is vacant, presenting an ideal opportunity for an owner-user to operate their own business or for an investor to lease and further enhance returns.
The apartments are in good condition, providing stable income with minimal maintenance. Conveniently located near the 2, 5, and Q subway lines, Prospect Park, and a wide selection of restaurants, shops, and neighborhood amenities.
Perfect for a 1031 exchange or long-term investor seeking a turnkey asset in one of Brooklyn's most desirable and transit-accessible locations.
Exceptional investment opportunity located on a prime corner in the vibrant Prospect Heights/Lefferts Gardens area. This well-maintained mixed-use building features 10 renovated residential apartments, each 1 bedroom and 1 bathroom, along with 1 commercial storefront. The property currently offers a 6% cap rate.
The storefront is vacant, presenting an ideal opportunity for an owner-user to operate their own business or for an investor to lease and further enhance returns.
The apartments are in good condition, providing stable income with minimal maintenance. Conveniently located near the 2, 5, and Q subway lines, Prospect Park, and a wide selection of restaurants, shops, and neighborhood amenities.
Perfect for a 1031 exchange or long-term investor seeking a turnkey asset in one of Brooklyn's most desirable and transit-accessible locations.
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R6
Rooms
Basement Full
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick, Other
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by Tiger Realty
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716