2703 Avenue U, Brooklyn, New York 11229

$1,240,000
2,470
SqFt
Sold Price
$1,240,000
List Price
$1,399,000
Closing Date
Jun 26, 2020
Status
SOLD
MLS#
436338
Sq. Ft
2,470
Year Built
1928

Property Description

This building totals 2,470 SF, with 1st Floor Retail - Storefront + the basement used by commercial tenant, and 2 Spacious Two BDR Residential units. Retail space is renovated and currently being used as a hair salon and can be delivered vacant. The hair salon currently pays 50% of the water bill. The two residential units are currently vacant and in need of some work. The property has four meters, one for the store, one for each apartment, and one for the common areas. Each location has its own boiler for heating and hot water. The property is located on a busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn close to all the public transportation, shopping, schools, parks, restaurants and places of worship. This property comes with significant rental upside. It is an excellent choice for the owner-user or savvy investor.

Additional Information

Lot Size
1,900
Stories
2
Heat Source
Gas
Year Built
1928
Zoning
R4
Sale Type
Arm's Length
Bank Financing
Bank Mortgage, Cash
Building Type
Attached
Year Built
1928
Basement
Unfinished
Lot Dimensions
100 x 19
Building Dimensions
65.00 x 19.00
Estimated Yearly Tax Amount
$4,900

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Century 21 MK Realty. Selling Office: Century 21 MK Realty.