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121 Park Ave Brooklyn, NY 11205

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For Sale
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19' wide, 2-story building, great investment potential.

Property size:
2,676 SF

Property Features for 121 Park Ave

General Information

Property type
Mixed-use properties
Square Feet
2,676 SF
Class
B

Building Details

Year Built
1920
Buildings
1
Stories
2
Units
1

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Listing Contact
Kervin Vales

Listing Agency: Brown Harris Stevens Listing Agent: Kervin Vales

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

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Property Insight Report

Overview

This exceptional mixed-use property at 121 Park Avenue in Brooklyn, NY, presents a compelling investment opportunity. The 2,676 square foot building, constructed in 1920, is currently 100% occupied by Park Avenue Funeral Home and features a unique blend of commercial and residential space. The ground floor comprises a front office, a chapel with attractive carpeting and 12-foot ceilings, and storage space. The lower level includes a lounge area, two half-bathrooms, and access to a backyard. Upstairs, a one-bedroom apartment boasts hardwood floors, a skylight in the kitchen, and abundant natural light. The apartment features a front bedroom, a dining room, a living room, a full kitchen, and a bathroom. The building's 19-foot wide frontage and R6 zoning offer significant redevelopment potential. With 1,885 square feet of available air rights, an investor could add two additional floors, transforming the property into a four-family mixed-use building. The current tenant, Park Avenue Funeral Home, occupies the commercial space, providing a stable income stream. The lot size is 1,805 square feet. This well-maintained property, with its exposed brick interior and attractive brick façade, is situated in Kings County, New York, 11205. The asking price is $3,200,000, translating to $1,195.81 per square foot. This presents a rare chance to acquire a valuable asset in a desirable Brooklyn location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Park Avenue Funeral ... Social Service Agency Power Plus Electric ... General Contractor

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9749299
Latitude
40.6964292

FAQs

What type of property is this?
Mixed-use property - 19' wide, 2-story building, great investment potential.
Where is this mixed-use property located?
The property is located at 121 Park Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Brooklyn, NY.; 2,676 SF building, 100% occupied by Park Avenue Funeral Home, providing stable income.; Features ground floor commercial space (office, chapel, storage), lower level lounge/bathrooms, and upper level one-bedroom apartment.
(212) 396-8244 Call to check price and availability
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