Description
The first floor features a long-established laundromat, a convenience store, and a rear 2-bedroom apartment. The second floor consists of one 3-bedroom and one 2-bedroom apartment, while the third floor offers two additional 2-bedroom apartments. Residential units feature separate living rooms and eat-in kitchens.
The property generates approximately $170,000 in annual income with approximately $120,000 NOI, plus an estimated $40,000 in potential additional rental income.
The building measures approximately 20' × 100' on the first floor and 20' × 90' on the second and third floors, totaling approximately 5,600 SF plus a full basement.
Prime corner location with excellent visibility and exposure along the Kings Highway commercial corridor. C2-3/R7A zoning offers additional long-term development potential, subject to independent verification.
An exceptional opportunity for investors seeking multiple income streams, strong existing cash flow, rental upside, and future development potential in a prime Brooklyn commercial location.
Building Features 3 Floors5 Units
$2,600,000 / $464 per ft²
Listed on Sep 28, 2026
4 Days on Market
- Beds / - Baths - / 5,600 ft²
Total Monthly expenses: $2,409
Maintenance: - / R.E. Taxes $2,409
Other Details:
Mixed Use (1-6 Family)
Lot Size: 20.0' x 100.0' Built: 20.0' x 90.0'
Zoning: S1-5, S9
Exclusively listed with: RE/MAX Edge Source: Brooklyn MLS
Unit listing history
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