For Sale
$1,999,000

3047 Emmons Ave Brooklyn, NY 11235

Prime Brooklyn 6-Unit Multifamily & Retail

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property at 3047 Emmons Avenue in Brooklyn, New York, presents a compelling investment opportunity. The building, classified as Class B, boasts a total of 3,522 square feet and is currently operating at 100% occupancy. The property comprises six units: five residential apartments and one commercial storefront, offering a diverse income stream. Located in Kings County, zip code 11235, this multi-tenant building benefits from a strong location. The asking price is $1,999,000, translating to a price per square foot of $567.58. This represents a significant opportunity for investors seeking a stable, high-occupancy asset in a desirable Brooklyn neighborhood. The property's strong tenancy and established rental income provide immediate cash flow, while the potential for future rent increases and property appreciation offers substantial long-term growth prospects. The combination of residential and commercial space creates a resilient investment portfolio, less susceptible to market fluctuations affecting single-use properties. This is a turnkey investment ready for immediate returns. The property's location offers easy access to local amenities and transportation, further enhancing its appeal to both tenants and investors. Detailed financial statements are available upon request.

Highlights

  • Class B mixed-use building, 3,522 sq ft, 100% occupancy.
  • Six units: five residential apartments and one commercial storefront.
  • Located at 3047 Emmons Avenue, Brooklyn, NY 11235.
  • Asking price: $1,999,000 ($567.58/sq ft).
  • Turnkey investment with immediate cash flow and long-term growth potential.

Property Details for 3047 Emmons Ave

Property type
Retail properties, Mixed-use properties
Square Feet
3,522 SF
Class
B
Units
6

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.5841776
Longitude
-73.9369859

FAQs

What type of property is this?
Retail property - Prime Brooklyn 6-Unit Multifamily & Retail
Where is the retail property located?
The property is located at 3047 Emmons Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Class B mixed-use building, 3,522 sq ft, 100% occupancy.; Six units: five residential apartments and one commercial storefront.; Located at 3047 Emmons Avenue, Brooklyn, NY 11235.
How can I contact the broker?
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3047 Emmons Ave
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