92 Livonia AveBrooklyn, NY 11212

For Sale
  • Retail properties
  • 2,000 SF

Property Details for 92 Livonia Ave

Year built
1930
Property size (Sq ft)
2,000 SF
Property type
Retail properties
Property subtype
Office properties

Description

This exceptional 3-unit mixed-use building, located at 92 Livonia Ave in Brooklyn, NY 11212, presents a unique investment opportunity. The property boasts a total of 2,000 square feet, encompassing a 2,000 square foot commercial storefront currently operating on a month-to-month tenancy and two vacant residential units. Each residential unit features three bedrooms, a living room, a dining room, and a kitchen. Built in 1930 and extensively renovated in 2024, this well-maintained brick building benefits from a new roof and is situated on a 2,003 square foot lot. The property is zoned R6, offering significant potential for future development or expansion. Currently, the occupancy rate is 33%. The building is equipped with three gas meters and four electric meters, contributing to efficient utility management. Its convenient location provides easy access to public transportation, including the 2 train and the B60 bus route. Low annual real estate taxes, estimated at approximately $4,000, further enhance the financial appeal. The asking price is $1,249,000, and is negotiable. This property represents a compelling investment in a thriving Brooklyn neighborhood.

92 Livonia Ave, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6615
Longitude
-73.9148

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