2237 65Th StBrooklyn, NY 11204

Property Details for 2237 65Th St

Year built

1931

Lot size

0.05 AC

Property size (Sq ft)

2,400 SF

Zone code

R6A

Property type

Investment properties

Property subtype

Live-work space

APN

06553-0064

APU

65530064

Description

This exceptional mixed-use property, located at 2237 65th St in Brooklyn, New York, 11204, presents a rare investment opportunity. The solid brick building boasts over 3000 square feet of combined residential and retail space, ideally situated in the highly desirable Bensonhurst/Gravesend neighborhood known for its high foot traffic. This substantial property offers a significant amount of space for a variety of uses, making it perfect for an owner-occupant or an investor seeking strong rental income potential. Its prime location offers easy access to the Bay Parkway thoroughfare, ensuring excellent visibility and accessibility for both residential and commercial tenants. The building's solid construction promises durability and longevity, making it a sound investment for the long term. The property is situated in Kings County, New York, and its precise coordinates are 40.6134524 latitude and -73.9802826 longitude. The asking price for this remarkable property is $1,575,000. Don't miss this chance to acquire a substantial mixed-use property in a thriving Brooklyn neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $396,792

  6.5%

  $366,269

  7%

  $340,107

• Comparable approach

  Method

  Valuation

  Relative Method

  $313,584

  Geo Method

  $313,584

• Alternative Use

  Use

  Valuation

  Residential

  $454,174

  Hospitality

  $416,021

  Educational

  $346,124

  Medical

  $358,028

  Retail

  $538,416

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6134

Longitude

-73.9802

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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