For Sale
$1,250,000

998 New York Ave BROOKLYN, NY 11226

Spacious 3-Family, High-Demand Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property, located at 998 New York Avenue in Brooklyn, NY 11226, presents a lucrative investment opportunity. Priced at $1,250,000, this semi-attached three-family building offers substantial rental income potential. Each of the three apartments boasts a generous layout, including three large bedrooms, ample closet space, a formal dining room, and a spacious living room. The building features a partially finished basement, adding extra storage or potential for expansion. Each unit enjoys the convenience of its own furnace and hot water heater, with tenants responsible for their individual electricity costs. The property's convenient location is a key advantage, situated near a variety of amenities including shopping centers, schools, and pharmacies. Commuters will appreciate the short walk to the #2 and #5 subway lines, providing easy access to Downtown Manhattan within 15 minutes. The neighborhood also offers an abundance of nearby delis and supermarkets. This property is an ideal investment for those seeking a strong return in a thriving Brooklyn community. The building's size is not currently specified. Further details are available upon request.

Highlights

  • Exceptional mixed-use investment opportunity in Brooklyn, NY, priced at $1,250,000.
  • Semi-attached three-family building with substantial rental income potential.
  • Each unit features three bedrooms, ample closet space, formal dining room, and spacious living room.
  • Partially finished basement offers extra storage or expansion potential.
  • Individual unit furnaces and hot water heaters; tenants pay electricity.
  • Convenient location near shopping, schools, pharmacies, and the #2 and #5 subway lines (15-minute commute to Downtown Manhattan).

Property Details for 998 New York Ave

Property type
Mixed-use properties

Location Insight

City
BROOKLYN
County
36047
State
New York
Latitude
40.6488051
Longitude
-73.9466285

FAQs

What type of property is this?
Mixed-use property - Spacious 3-Family, High-Demand Location
Where is the mixed-use property located?
The property is located at 998 New York Ave BROOKLYN, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Brooklyn, NY, priced at $1,250,000.; Semi-attached three-family building with substantial rental income potential.; Each unit features three bedrooms, ample closet space, formal dining room, and spacious living room.
How can I contact the broker?
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998 New York Ave
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