For Sale
$2,700,000

224 Manhattan Ave brooklyn, NY 11206

Five-unit residential, one commercial space.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property at 224 Manhattan Avenue in Brooklyn, NY, 11206, presents a rare investment opportunity. Offered at $2,700,000, this building boasts a compelling blend of residential and commercial income streams. The structure comprises five residential units, each a two-bedroom, one-bathroom apartment. Currently, the building is partially vacant and features year-to-year tenants only. Adding to its appeal is a commercial space, recently renovated in 2015 and previously operated as a bar. This versatile space offers significant potential for a variety of businesses. The building's location in the vibrant Brooklyn neighborhood provides easy access to local amenities, transportation, and a thriving community. This is a unique chance to acquire a well-positioned mixed-use property with established income and significant upside potential. The building has not been on the market since the 1970s, making this a truly exceptional offering. Private showings are currently required. The square footage is not currently available.

Highlights

  • Exceptional mixed-use investment opportunity in Brooklyn, NY, offered at $2,700,000.
  • Five (5) two-bedroom, one-bathroom residential units, currently partially vacant with year-to-year tenants.
  • Includes a renovated commercial space (2015), previously a bar, offering versatile business potential.
  • Prime Brooklyn location with excellent access to amenities and transportation.
  • Rare opportunity; building hasn't been on the market since the 1970s; private showings required.

Property Details for 224 Manhattan Ave

Property type
Mixed-use properties

Location Insight

City
brooklyn
County
36047
State
New York
Latitude
40.7109636
Longitude
-73.9452804

FAQs

What type of property is this?
Mixed-use property - Five-unit residential, one commercial space.
Where is the mixed-use property located?
The property is located at 224 Manhattan Ave brooklyn, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Brooklyn, NY, offered at $2,700,000.; Five (5) two-bedroom, one-bathroom residential units, currently partially vacant with year-to-year tenants.; Includes a renovated commercial space (2015), previously a bar, offering versatile business potential.
How can I contact the broker?
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224 Manhattan Ave
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