2916 Avenue I

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Address: 2916 Avenue I, Brooklyn, New York, US
Created date: November 9, 2023
Date last updated: December 4, 2023

Property Description

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 2,560 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 1,280 square feet of commercial space plus a 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. 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 loads of new commercial and residential developments in the past few years.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Multifamily type: Apartments
Price: $1,825,000
Year Built: 1930
Lot Size: 2,000.00 Sq ft
Opportunity Zone: No
Address: 2916 Avenue I, Brooklyn, NY 11210, USA
Provided by:

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