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248 Avenue P Brooklyn, NY 11223

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For Sale
$1,500,000

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

Type:Mixed Use
Property size:
4,522 SF
Added:
Jul 1, 2025
Days on Market:
289
Last Refresh:
Mar 13 at 6:30 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 Jul 1, 2025

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


Overview

Renovated Mixed-Use Corner Property

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

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  • 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 $1,500,000.
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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