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$1,235,000
Est. payment /mo
3,300 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $374
MLS Listing ID 498501
Year Built 1910
Annual Tax Amount $13,727
Property Sub-Type Mixed Use
Property Description
Opportunity to acquire a mixed-use investment property on one of Brooklyn's most active commercial corridors. This asset consists of two (2) three-bedroom residential apartments and one (1) ground-floor commercial unit, currently VACANT, offering immediate income upside.
The vacant retail space allows an investor or owner-user to lease at market rents or occupy, while the residential units provide stable cash flow with strong long-term demand. Ideal for value-add investors seeking rent optimization, repositioning, or a long-term hold in a high-growth Brooklyn market.
Located on high-traffic Nostrand Avenue, surrounded by national and local retailers, dense residential population, and excellent access to public transportation. Mixed-use properties with vacant commercial space in this corridor are increasingly rare.
The vacant retail space allows an investor or owner-user to lease at market rents or occupy, while the residential units provide stable cash flow with strong long-term demand. Ideal for value-add investors seeking rent optimization, repositioning, or a long-term hold in a high-growth Brooklyn market.
Located on high-traffic Nostrand Avenue, surrounded by national and local retailers, dense residential population, and excellent access to public transportation. Mixed-use properties with vacant commercial space in this corridor are increasingly rare.
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R6
Rooms
Basement Full
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Carpeting, Ceramic, Hardwood, Linoleum
Heat Source Gas
Exterior
Exterior Feature Brick Face
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage
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Listed by Kaloshi Real Estate Inc
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716