2925 Avenue J presents an opportunity to acquire a fully occupied, income producing mixed use property in the heart of Midwood, Brooklyn.
New York, NY 11210
Listing
| Web ID: | 5662750 |
|---|---|
| Website: | https://www.nestseekers.com/5662750 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$3,199,000
Annual Taxes:$21,772
Description
2925 Avenue J presents an opportunity to acquire a fully occupied, income-producing mixed-use property in the heart of Midwood, Brooklyn. The two-story building contains four street-level storefronts and three residential apartments, totaling approximately 3,740 square feet, on a 20'x100' lot.
All seven units are currently occupied, and there are no leases in place. This provides immediate rental income while offering a purchaser flexibility to implement future leasing and management strategies.
The property is zoned C2-2/R6, offering potential for future residential or commercial development, subject to independent architectural and zoning verification. With full occupancy, strong street visibility, multiple income-producing units, and long-term development potential, the property is well suited for investors and developers seeking an established mixed-use asset with significant upside.
Amenities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
Contact
Listing Courtesy of MYNY Residential