265 Neptune Avenue, Brooklyn, New York, 11235

265 Neptune Avenue
Brooklyn NY 11235

Cross street:Brighton 5th Street

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Income Property
Rooms: 15
Bedrooms: Studio

Financials

Price: $1,499,000
578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Elliman

Description

Outstanding, 5-family mixed-use investment opportunity, just hitting the market in Brighton Beach! Rarely do we see such amazing, solid-brick, 3-story mixed-use investment properties, with the potential for impressive returns both presently and for years to come, reaching the market at such a desirable price. This beautiful brick building sits on a 20 by 100 square foot lot; the entire building has over 4,000 square feet along with the fully-finished basement that also has a full bathroom; the entire building measures 20 by 76 square feet in all; it even has its highly-visible side-wall, which is a popular space for advertising billboards, an additional stream of passive-income! In a word, it's extraordinary! The 1st floor is the busy storefront, fully-exposed in the high traffic location of Neptune Avenue, this is a popular trendy spot, and the perfect café location, complete with outdoor seating in a high traffic area, and it comes with a single-room apartment in back! Next level up are 2 units, each 1-bedroom, 1-bathroom units, each of them are so spacious, they could literally be converted into 2-bedroom units, and the 3rd and top-floor basically mirrors the second, with 2 more, huge 1-bedroom, 1-bathroom apartments; the majority of these units are newly renovated! Imagine acquiring an income producing 5-family mixed-use apartment building, right in this highly coveted area of Brighton Beach for under $1.6 million! Imagine no more, and make the call! Just a short walk to the Ocean Parkway stop along the Q and B line, and just seconds from the World-Famous Coney Island Beach and Boardwalk, home to the original Nathan's Hot Dogs and the NY Aquarium. Perfect investment property in a premier location! Make the call today!

Amenities

  • Air Conditioning
  • Gas
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

Outstanding, 5 family mixed use investment opportunity, just hitting the market in Brighton Beach !

Description

Outstanding, 5-family mixed-use investment opportunity, just hitting the market in Brighton Beach! Rarely do we see such amazing, solid-brick, 3-story mixed-use investment properties, with the potential for impressive returns both presently and for years to come, reaching the market at such a desirable price. This beautiful brick building sits on a 20 by 100 square foot lot; the entire building has over 4,000 square feet along with the fully-finished basement that also has a full bathroom; the entire building measures 20 by 76 square feet in all; it even has its highly-visible side-wall, which is a popular space for advertising billboards, an additional stream of passive-income! In a word, it's extraordinary! The 1st floor is the busy storefront, fully-exposed in the high traffic location of Neptune Avenue, this is a popular trendy spot, and the perfect café location, complete with outdoor seating in a high traffic area, and it comes with a single-room apartment in back! Next level up are 2 units, each 1-bedroom, 1-bathroom units, each of them are so spacious, they could literally be converted into 2-bedroom units, and the 3rd and top-floor basically mirrors the second, with 2 more, huge 1-bedroom, 1-bathroom apartments; the majority of these units are newly renovated! Imagine acquiring an income producing 5-family mixed-use apartment building, right in this highly coveted area of Brighton Beach for under $1.6 million! Imagine no more, and make the call! Just a short walk to the Ocean Parkway stop along the Q and B line, and just seconds from the World-Famous Coney Island Beach and Boardwalk, home to the original Nathan's Hot Dogs and the NY Aquarium. Perfect investment property in a premier location! Make the call today!

Amenities

  • Air Conditioning
  • Gas
  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.