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Brooklyn Mixed-Use Investment Opportunity
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351 Legion St, Brooklyn, NY 11212

Mixed-use property in Brooklyn with significant investment potential.

Property Size14,172 SF
Price / SF$137.60
Days on Market170

Property Features for 351 Legion St

General Information

Standard status Active
Size 14,172 SF
Property subtype Multifamily, Retail
Zoning R6 / C1-3
Occupancy 90%
Investment Type Stabilized
Net Operating Income $159,871

Building Details

Buildings 1
Stories 4
Units 20
Listing Agency: Matthews
Listed By: DJ Johnston · License #10401229409
Source: Crexi
Added: Mar 4 Changed: Aug 14 Last Checked: Aug 14 at 6:06AM

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 Matthews

Investment Insights

Based on property information with market context.

This mixed-use property in Brooklyn presents a notable investment opportunity. The property encompasses a total size of 14,172 square feet. It is being offered for sale at a price that reflects a low basis of $133 per square foot and $97,000 per unit, with an 8.2% capitalization rate and a 5.21 times gross rent multiplier.

Key Highlights

  • Low Basis: $133/SF
  • Great investment with an 8.2% Cap Rate
  • Priced at $97K/Unit

Property Analytics

Current Use

PEARLY WHITE CLEANING ... General Contractor Dopeboys Exotic 2 (Bike/Boat/Book/etc) Store Moonlight Wicks Home Decor Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,095
Businesses Nearby

Demographics for 11212, NY

91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Brooklyn with significant investment potential.
Where is this mixed-use property located?
The property is located at 351 Legion St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Low Basis: $133/SF; Great investment with an 8.2% Cap Rate; Priced at $97K/Unit
(646) 802-0548 Call to check price and availability
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