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    OFF-MARKET
    Retail properties & Spaces

    3047 Emmons Ave, Brooklyn, NY 11235

    3,522 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,522 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ilya Khait - Prudential Financial Financial Advisor
    • HAVVO LOGISTICS LLC Logistics Company Freight Service
    • Carmine Merlino Hair Studio Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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