337 Tompkins Ave Brooklyn, NY 11216

This exceptional three-story mixed-use building, located at 337 Tompkins Avenue in the vibrant Bedford-Stuyvesant neighborhood of Brooklyn, New York, presents a compelling value-add investment opportunity. The property boasts a total of 2,262 square feet situated on a 1,586 square foot lot and is zoned R6A/C2-4. The building comprises three units: two apartments and one retail space. Currently, the building enjoys 100% occupancy, with the retail space under lease until March 2025. The renovated retail space adds immediate value, and the strong tenant occupancy contributes to a healthy net operating income (NOI) of $85,376, resulting in a 6.00% capitalization rate. The asking price is $1,400,000, translating to $618.92 per square foot and $466,666.67 per unit. Its prime location places it steps away from various retailers and Herbert Von King Park, and just a short distance from the Fulton Street and A, C, and G train lines, ensuring excellent accessibility and high visibility. This property offers a rare blend of strong current income and significant upside potential for future growth, making it an ideal investment for discerning buyers seeking a well-positioned asset in a thriving Brooklyn neighborhood.