1701 Elm Ave - Restaurant FOR SALE


Brooklyn, NY 11230
$1,225,000 USD
718-252-6060
1701 Elm Ave, Brooklyn, NY for Sale
$1,225,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

1701 Elm Ave
Brooklyn, NY 11230


OVERVIEW

Welcome to an unparalleled investment opportunity in the heart of Midwood! This prime mixed-use building boasts a strategic corner location, offering exceptional exposure along the bustling Ave M commercial strip. Comprising two spacious commercial storefronts and a charming one-bedroom residential unit above, this property offers versatility and income potential. Vacant corner storefront boasts 800 sq ft on a busy road. With a full storage basement and zoning R7A, the possibilities for expansion or development are endless. Spanning 27 x 42 feet with a lot size of 32 x 103 irregular, this property presents a rare chance to secure a foothold in one of Brooklyn's most coveted neighborhoods. Don't miss out on this chance to make your mark in the thriving Midwood community!

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R7A

APN/PARCEL ID

06737-0061

ASK ABOUT THIS PROPERTY

Delton ChengCentury 21 HomefrontMore Info
718-252-6060

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Delton ChengCentury 21 HomefrontMore Info
718-252-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.