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747 Flushing Ave Brooklyn, NY 11206

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For Sale
$2,499,988

Mixed-use building in prime East Williamsburg location near transportation.

Lot size:
0.04 Acres

Property Features for 747 Flushing Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.04 Acres

Building Details

Year built
1931

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Listing Contact
Hans Campana
Source: Elliman

Listing Agent: Hans Campana

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

East Williamsburg Mixed-Use Building

This mixed-use building is located in East Williamsburg, in the Broadway Triangle area. The property features one ground-floor commercial space and two apartments, each with three bedrooms. The basement includes storage space and a separate boiler room. Each tenant has separate utility meters, including water. The building has a total size of 3,843 square feet. There is approximately 1,838 square feet of additional buildable space available, subject to verification with an architect. The property is located directly across from Woodhull Hospital and is half a block from the J and M train lines at the Flushing Avenue Station, with access to the B43 and B57 buses. HPD has approved a large-scale development plan for the Broadway Triangle area, which includes new commercial spaces and approximately 400 affordable housing units.
Location Intelligence

Current Use by Public Records

AlvarLozan’s Ecuadorian and Latin ... Restaurant Eat An Go Pizza ... Restaurant Henry’s Pizza Restaurant Frank's Coffee Shop Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.940938
Latitude
40.701194

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in prime East Williamsburg location near transportation.
Where is this mixed-use property located?
The property is located at 747 Flushing Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,499,988.
What are key features of this property?
This property features: - Prime East Williamsburg/Broadway Triangle location, directly across from Woodhull Hospital and near J & M trains.; - Strong income potential with market rents of $5,100 for each 3BR apartment and $5,000 for the retail space.; - Low annual property taxes: $4,577.
More about this property
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