Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Pets: | No Pets Allowed |
| Lot Size: | 0.06 Acres |
Financials
Listing Courtesy of Crifasi Real Estate Inc
This fully occupied, well maintained brick mixed use building in the heart of vibrant Gravesend, Brooklyn, offers an exceptional investment opportunity.
- View of property
- View of property
- View of building exterior
- View of building exterior
- View of building exterior
- View of building exterior
- View of building exterior
- View of building exterior
- View of property
- View of property
- Kitchen with white appliances, under cabinet range hood, backsplash, and light countertops
- Kitchen with white appliances, under cabinet range hood, backsplash, and light countertops
- Kitchen featuring white appliances, under cabinet range hood, light countertops, and brown cabinets
- Kitchen featuring white appliances, under cabinet range hood, light countertops, and brown cabinets
- Kitchen featuring gas range gas stove, under cabinet range hood, light countertops, and decorative backsplash
- Kitchen featuring gas range gas stove, under cabinet range hood, light countertops, and decorative backsplash
- Kitchen featuring white gas range, under cabinet range hood, light countertops, backsplash, and light tile patterned flooring
- Kitchen featuring white gas range, under cabinet range hood, light countertops, backsplash, and light tile patterned flooring
- Corridor featuring concrete floors
- Corridor featuring concrete floors
- Bathroom with shower / bath combo with shower curtain, toilet, and vanity
- Bathroom with shower / bath combo with shower curtain, toilet, and vanity
- Bedroom featuring radiator, light wood-style flooring, a closet, and baseboards
- Bedroom featuring radiator, light wood-style flooring, a closet, and baseboards
- Bedroom featuring radiator and light wood-style floors
- Bedroom featuring radiator and light wood-style floors
- Carpeted office featuring healthy amount of natural light
- Carpeted office featuring healthy amount of natural light
- Game room with wood finished floors, arched walkways, and baseboards
- Game room with wood finished floors, arched walkways, and baseboards
- Living room featuring wood finished floors and baseboards
- Living room featuring wood finished floors and baseboards
- Full bathroom featuring tile walls, toilet, vanity, and a shower with shower curtain
- Full bathroom featuring tile walls, toilet, vanity, and a shower with shower curtain
- Dining area with baseboards, light tile patterned flooring, and arched walkways
- Dining area with baseboards, light tile patterned flooring, and arched walkways
- View of unfinished below grade area
- View of unfinished below grade area
- Unfinished below grade area with heating fuel
- Unfinished below grade area with heating fuel
- Utilities featuring gas meter
- Utilities featuring gas meter
- Utilities featuring water heater
- Utilities featuring water heater
- View of unfinished below grade area
- View of unfinished below grade area
- Stairway with carpet floors
- Stairway with carpet floors
- Office area with wood finished floors
- Office area with wood finished floors
- Home office featuring wood finished floors and a paneled ceiling
- Home office featuring wood finished floors and a paneled ceiling
- Home office featuring wood finished floors
- Home office featuring wood finished floors
- Home office featuring wood finished floors and rail lighting
- Home office featuring wood finished floors and rail lighting
- 57
- 58
- View of storage room
- View of storage room
- Bathroom with toilet
- Bathroom with toilet
- Miscellaneous room featuring tile patterned flooring and recessed lighting
- Miscellaneous room featuring tile patterned flooring and recessed lighting
- Miscellaneous room featuring recessed lighting, a wall mounted AC, and tile patterned flooring
- Miscellaneous room featuring recessed lighting, a wall mounted AC, and tile patterned flooring
- Half bath with tile walls and a sink
- Half bath with tile walls and a sink
- Room layout
- Room layout
- Home floor plan
- Home floor plan
- Home floor plan
- Home floor plan
Description
This fully occupied, well-maintained brick mixed-use building in the heart of vibrant Gravesend, Brooklyn, offers an exceptional investment opportunity. Spanning approximately 3,900 square feet across two floors on a 25ft x 100ft lot, this 1931-built property (zoned R5B) features four retail units on the ground floor, including a deli with basement access, and two spacious residential apartments on the second floor (one 3-bedroom, one 2-bedroom, each approximately 975 sq ft). The building generates strong income with a current gross annual income of $131,760 and a projected gross of $149,760 after recommended rent adjustments, yielding a current NOI of $85,542 and a projected NOI of $92,977.18 (based on expenses of $56,782.82, including taxes, utilities, and insurance). Its robust brick construction ensures low maintenance, making it a turnkey asset for investors. Ideally situated near the Avenue U subway station (N and W lines, rated 4.0 with 37 reviews), the property offers excellent accessibility to Manhattan and beyond. Gravesend’s charm shines through with proximity to iconic destinations like L&B Spumoni Gardens, renowned for its square Sicilian pizza and spumoni, as well as Coney Island’s famous boardwalk, amusement parks, and the New York Aquarium, all just a short distance away. This property combines steady cash flow, growth potential, and a prime location in a sought-after Brooklyn neighborhood.
Amenities
- Cable - Available
- Cable Connected
- Corner Lot
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Sewer Connected
- Underground Utilities
- Water Available
- Water Connected

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.