421 New Lots AVE new

Brooklyn,NY 11207

$ 799999

- Bed

0 Bath

2856 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $280

MLS Listing ID 2502649

Year Built 1930

Annual Tax Amount $3,299

Lot Size 2,052 Sqft

Property Sub-Type Commercial

Property Description

Full brick 3 unit mixed use building located in the rapidly developing neighborhood of East New York. This building offers an affordable opportunity for a new or seasoned investor. Situated on a high-visibility street with strong foot traffic and easy access to public transportation, the property features a 2nd floor two bedroom apartment and a one bedroom apartment. 1st floor features over 1400 Sq feet retail space (Currently occupied by a thriving nail salon). Full unfinished basement can be used for storage and houses the building's utilities. The building offers stable income and significant upside potential in an area poised for continued growth and revitalization. Just minutes from the Gateway Center Mall, major highways, and several transit options, this property sits in a strategic location within one of Brooklyn's most active commercial corridors.

Location

State NY

County Kings

Area East New York

Zoning R-6

Interior

Heating Steam,Oil

Building

Story 2

Sewer City

Structure Type Frame

New Construction No

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