2916 Avenue I, Brooklyn, NY 11210

12 Photos
 
$1,460,000
Active for Sale
 
Listing ID 11219929
Property Type Multi-Unit (2-4)
County Kings
Township Kings
Neighborhood Midwood
Total Tax $5,398
Tax ID 25-000.000-7593-146.000
FEMA Flood Map fema.gov/portal
Year Built 1930
   
Virtual Tour

Mixed-use property on a busy corner in Midwood!

Introducing a mixed-use property located at 2916 Avenue, Brooklyn, NY 11210, in the highly sought-after Midwood area. Property is perfect for owner-operators and investors. This two-story, low-rise building offers a total of 2,600 square feet on a 2,000 square foot lot. The building boasts a prime location on the corner of Avenue I & Nostrand Avenue, ensuring high visibility and heavy foot traffic - an ideal setting for any business. The ground floor features a versatile 1,300 square feet of commercial space plus a full-size basement, allowing you to tailor it to your specific needs. Additionally, this property includes two residential units on the second floor. The front unit is a comfortable 2-bedroom apartment, while the rear unit offers a 1-bedroom layout. The back of the property is a fully gated 720 sq. ft. courtyard that can be used for outdoor gatherings, sit-n-eat outdoor café/restaurant space, or a covered storage area. Property is currently occupied but could be delivered vacant. Whether you choose to generate rental income or occupy the residential spaces, the possibilities are abundant. With a 20-foot-wide frontage and a depth of 64 feet, this building's potential is further enhanced by its R6 zoning with a C2-2 Commercial Overlay, providing various development options. Values in the area are rapidly increasing due to many new commercial and residential developments in the past few years. Two apartments and storefront for maximum income. Seller is considering all offers.
Property Details
  • 3 Total Bedrooms
  • 3 Full Baths
  • 1 Half Bath
  • 2600 SF
  • 0.05 Acres
  • 2000 SF Lot
  • Built in 1930
  • 2 Stories
  • Available 1/01/2024
  • Semi-Attached Style
  • Full Basement
  • 1300 Lower Level SF
  • Lower Level: Unfinished
Unit Information
Unit #1Residential Income, Gross Area: 700, Rent Price: 1625, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2Residential Income, Gross Area: 600, Rent Price: 1300, Bedrooms: 1, Full Baths: 1, Occupied
Unit #3RETAIL, Gross Area: 1300, Occupied
Interior Features
  • Steam Radiators
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Taxes and Fees
  • $5,398 City Tax
  • $5,398 Total Tax
  • Tax Year 2024
Listed By
PODS AND CASTLES REALTY LTD
Office: 718-635-2095
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