$4,200,000

Estimated payment $32,618/month

Total Views 1,607
-- Bed
-- Bath
13,600 Sq Ft
$309 Price per Sq Ft

Highlights

  • 4,000 Sq Ft lot
  • 1-minute walk to Avenue U (Q Line)
  • Wood Flooring
  • Jhs 234 Arthur W Cunningham Rated A-

About This Home

Prime Mixed-Use Investment Property – 12 Residential Units + 5 Stores – Excellent Location.
A rare opportunity to own a high-performing mixed-use property in a prime, transit-rich location. Situated on a 4,000 sq ft lot, this solid brick structure offers approximately 13,600 sq ft of rentable space, perfectly balancing residential and commercial income streams. The property features 12 fully occupied residential units and 5 ground-level retail stores, providing diversified, reliable cash flow. With a current capitalization rate of 6.8%, this investment offers strong, stable returns in a highly desirable market. Conveniently located just minutes away from the train station and with easy access to multiple bus lines, the building enjoys consistent foot traffic and high tenant demand—both residential and commercial. Don’t miss this exceptional opportunity to acquire a high return asset with significant upside in a growing area. Schedule your viewing today to explore the potential this property has to offer.

Listing Agent

Jackie Wu

eXp Realty BKNY Listed on: 06/01/2025

eXp Realty BKNY

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $122,895

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 13,600 Sq Ft Home
  • 4-Story Property
  • Wood Flooring

Listing and Financial Details

  • Tax Block 7347

Community Details

Overview

  • 12 Units

Building Details

  • Fuel Expense $9,737
  • Insurance Expense $19,549
  • Utility Expense $1,134
  • Gross Income $456,733
  • Net Operating Income $287,046

Property Details

Property Type

Other

Est. Annual Taxes

$122,895

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 3600
  • Building Length: 90.00
  • Building Width: 40.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Cross Street Name2: East 14th Street
  • Heat Delivery: Other
  • Number Of Families: 12
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 13600
  • Building Stories: 4
  • Street Name I D X: East 14th
  • Street Number I D X: 2105
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 1
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 9737.46

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40

Multi Family

  • Annual Gross Expense: 169686.73
  • Annual Gross Income: 456733
  • Insurance Expense: 19549.27
  • Property Net Operating Income: 287046.09
  • Annual Utility Expenses: 1134.00

Tax Info

  • Flip Tax Amount: 122895.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $4,200,000 -2.3% $309 / Sq Ft
07/01/2025 07/01/25 Price Changed $4,300,000 -4.4% $316 / Sq Ft
06/01/2025 06/01/25 For Sale $4,500,000 -- $331 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 493110

Brooklyn Board of REALTORS®

APN: 07347-0001