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    Renovated Mixed-Use Corner Property Title is generated by Realmo AI

    248 Avenue P, Brooklyn, NY 11223

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    For Sale
    $1,475,000

    Fully renovated mixed-use property with medical offices and residential unit.

    Type:Mixed Use
    Property size:
    4,522 SF
    Price / SF:
    $326/SF
    Added:
    Mar 13, 2026
    Days on Market:
    86
    Last Refresh:
    May 13 at 8:55 pm

    Property Features for 248 Avenue P

    General Information

    Standard status
    Active
    Size
    4,522 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1935

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    Listing Contact
    Leonid Sklyar
    Leonid Sklyar

    Listing agent Leonid Sklyar License #skl439

    Listing office RE/MAX Edge

    Listing date Mar 13, 2026

    Source Compass

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge

    HighLights

    • High‑income producing mixed‑use property with a projected NOI of $112,350 and a 7.5% cap rate.
    • Fully renovated with recent capital improvements in 2021, including a new roof, sewer/water line, and garage door.
    • Features two medical offices and a spacious 3‑bedroom residential apartment with separate utilities and private entrances.
    • Turn‑key, fully renovated commercial office space available with five exam rooms and en‑suite bathrooms.
    • Wheelchair‑accessible with a private elevator and handicap bathrooms.
    • Conveniently located near N and F trains and multiple bus lines (B4, B6, B82).

    Overview

    This fully renovated mixed-use brick corner property is located on Avenue P between W 5th and W 6th Streets in the Gravesend/Bensonhurst section of Brooklyn. The property encompasses 4,522 sq ft and was fully rebuilt with a new CO in 2005. Capital improvements in 2021 include a new flat roof with skylights, a new sewer and water line, a new garage door with a quiet motor, limestone steps, a concrete landing, and stucco painting. The property features two medical offices and one spacious residential apartment with the potential to be split into two apartments, a finished indoor one-car garage with attic storage, a wheelchair-accessible lift, separate utilities, and private entrances for each unit. Each commercial unit has independent central air and heating systems. The cellar/street level is occupied by an established podiatry office with a direct entrance, reception area, five exam rooms, 1.5 baths, and ample storage. The first floor is a vacant, fully renovated, turn-key medical/commercial office with a large reception area, five exam rooms with en-suite bathrooms, a handicap bathroom, a kitchen, and attic storage. The second-floor residential unit is a vacant, renovated 1,500 sq ft 3-bedroom, 1-bath apartment featuring hardwood floors, a new kitchen and bathroom, new stainless-steel appliances, kitchen cabinets, and a countertop. Transportation is available nearby via the N and F trains, and the B4, B6, and B82 buses.
    Location Intelligence

    Current Use by Public Records

    Gary Saphire, DPM, ... Physician Parkway Podiatry Physician Zaster Yulia Employment Agency Valeriya Anbinder Physician Zukhra Shukurova, MD Physician

    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

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.978122
    Latitude
    40.60798

    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use property with medical offices and residential unit.
    Where is this mixed-use property located?
    The property is located at 248 Avenue P Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: High‑income producing mixed‑use property with a projected NOI of $112,350 and a 7.5% cap rate.; Fully renovated with recent capital improvements in 2021, including a new roof, sewer/water line, and garage door.; Features two medical offices and a spacious 3‑bedroom residential apartment with separate utilities and private entrances.
    More about this property
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