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    3047 Emmons Ave Brooklyn, NY 11235

    Sponsored
    For Sale
    $1,999,000

    Prime Brooklyn 6-Unit Multifamily & Retail

    Property size:
    3,522 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 3047 Emmons Avenue in Brooklyn, New York, presents a compelling investment opportunity. The building, classified as Class B, boasts a total of 3,522 square feet and is currently operating at 100% occupancy. The property comprises six units: five residential apartments and one commercial storefront, offering a diverse income stream. Located in Kings County, zip code 11235, this multi-tenant building benefits from a strong location. The asking price is $1,999,000, translating to a price per square foot of $567.58. This represents a significant opportunity for investors seeking a stable, high-occupancy asset in a desirable Brooklyn neighborhood. The property's strong tenancy and established rental income provide immediate cash flow, while the potential for future rent increases and property appreciation offers substantial long-term growth prospects. The combination of residential and commercial space creates a resilient investment portfolio, less susceptible to market fluctuations affecting single-use properties. This is a turnkey investment ready for immediate returns. The property's location offers easy access to local amenities and transportation, further enhancing its appeal to both tenants and investors. Detailed financial statements are available upon request.

    Property Features for 3047 Emmons Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,522 SF
    Class
    B

    Building Details

    Units
    6

    HighLights

    • Class B mixed‑use building, 3,522 sq ft, 100% occupancy.
    • Six units: five residential apartments and one commercial storefront.
    • Located at 3047 Emmons Avenue, Brooklyn, NY 11235.
    • Asking price: $1,999,000 ($567.58/sq ft).
    • Turnkey investment with immediate cash flow and long‑term growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ilya Khait - Prudential ... Investment Service HAVVO LOGISTICS LLC Logistics Service Carmine Merlino Hair ... Hair Replacement Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9369859
    Latitude
    40.5841776

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    FAQs

    What type of property is this?
    Individual retail property - Prime Brooklyn 6-Unit Multifamily & Retail
    Where is this individual retail property located?
    The property is located at 3047 Emmons Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: Class B mixed-use building, 3,522 sq ft, 100% occupancy.; Six units: five residential apartments and one commercial storefront.; Located at 3047 Emmons Avenue, Brooklyn, NY 11235.
    Request Owner's contact information
    3047 Emmons Ave Brooklyn, NY 11235
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    Brooklyn, NY 11235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3047 Emmons Ave Brooklyn, NY 11235
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