REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,580,000
Est. payment | /mo
2,880 SqFt
$ 1,580,000
Est. payment | /mo
2,880 SqFt
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $548
MLS Listing ID 497078
Annual Tax Amount $28,234
Property Sub-Type Mixed Use
Property Description
Introducing a rare mixed-use corner gem in the heart of Gravesend, Brooklyn — a solid three-story brick building offering a perfect blend of residential comfort and commercial opportunity. Zoned R7A and C2-3, this versatile property is ideal for investors or end-users seeking both stability and future growth potential.
The ground level features three storefronts with strong visibility and steady foot traffic along busy Kings Highway. Store #2 is currently vacant—ready for a new business or an owner's own venture—while Stores #1 and #3 have two years remaining on their leases, ensuring immediate income.
On the second floor, you'll find two spacious two-bedroom apartments, both delivered vacant, offering flexibility for rental income, live-in ownership, or renovation to suit your vision. The basement, recently updated and featuring a separate entrance, was previously used for storage and can easily be repurposed for additional income-generating or operational use.
A private driveway and detached one-car garage add exceptional convenience—an uncommon bonus in this busy part of Brooklyn. The property currently brings in a gross income of $130,632, netting approximately $92,043 per year, with a cap rate around 5.5 percent.
Located in one of South Brooklyn's most vibrant corridors, surrounded by shops, restaurants, public transit, and community amenities, this property offers outstanding visibility and long-term potential. Whether you're looking to expand your portfolio or secure a dependable income-producing asset, this building is a can't-miss opportunity in a prime location that continues to thrive.
The ground level features three storefronts with strong visibility and steady foot traffic along busy Kings Highway. Store #2 is currently vacant—ready for a new business or an owner's own venture—while Stores #1 and #3 have two years remaining on their leases, ensuring immediate income.
On the second floor, you'll find two spacious two-bedroom apartments, both delivered vacant, offering flexibility for rental income, live-in ownership, or renovation to suit your vision. The basement, recently updated and featuring a separate entrance, was previously used for storage and can easily be repurposed for additional income-generating or operational use.
A private driveway and detached one-car garage add exceptional convenience—an uncommon bonus in this busy part of Brooklyn. The property currently brings in a gross income of $130,632, netting approximately $92,043 per year, with a cap rate around 5.5 percent.
Located in one of South Brooklyn's most vibrant corridors, surrounded by shops, restaurants, public transit, and community amenities, this property offers outstanding visibility and long-term potential. Whether you're looking to expand your portfolio or secure a dependable income-producing asset, this building is a can't-miss opportunity in a prime location that continues to thrive.
Location
State NY
County Kings (brooklyn)
Area Gravesend
Rooms
Basement Finished, Full
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
Listed by Ashford Homes LLC
GET MORE INFORMATION
DiTommaso Real Estate
Broker