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Sold for $1,195,000 on 07/10/24
  • $1,195,000

    4722 Avenue D, Brooklyn, NY 11203

    --beds
    2,830sqft
    Mixed Use
    Built in 1931
    2,000 Square Feet Lot
    $1,064,700 Zestimate®
    $422/sqft
    $5,152 Estimated rent

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    $7,201/mo

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    What's special

    The mixed-use corner building is a great investment opportunity. The building is fully occupied and boasts a great mix of income streams. On the second floor, there are three apartments which are all currently leased out. The ground floor is occupied by a store with a basement, which is also currently leased out. Additionally, there are three parking garage spaces available for tenants or customers. The lot size for the building is 20x100, which offers a good amount of space for tenants and customers. The building has a CAP rate of 8+%, which is a good return on investment. However, there is also potential for the CAP rate to grow, which makes this an even more attractive investment opportunity. Overall, the mixed-use corner building is a fully occupied investment opportunity that offers multiple income streams. With its great location and potential for growth, this property could be an excellent investment for the right buyer.

    Zillow last checked: 8 hours ago

    Listing updated: July 10, 2024 at 03:01am

    Listed by:

    Anna Soboleva 347-488-6474,

    RE/MAX Edge,

    Vadim Blinov 631-771-7777,

    RE/MAX Edge

    Source: BNYMLS,MLS#: 477199MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Natural Gas, Steam/Radiator
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Ceramic Tile, Parquet
    • Basement: Finished
    Interior area
    • Total structure area: 2,830
    • Total interior livable area: 2,830 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Private Drive, 3 Spaces, Attached Garage
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Handicap Design
    Features
    • Stories: 2
    • Exterior features: Storage
    Lot
    • Size: 2,000 sqft
    • Dimensions: 20x100
    • Features: Sprinkler – Underground
    Details
    • Additional structures: Storage Building
    • Parcel number: 047780010
    • Zoning: R4
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Other, Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: 110 V

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn