3047 Emmons Ave Brooklyn, NY 11235
- Retail properties
- 3,522 SF
Current Use by Public Records
- Ilya Khait - Prudential Financial / Investment Service / Financial Consultant
- HAVVO LOGISTICS LLC / Logistics Service
- Carmine Merlino Hair Studio / Hair Replacement Service
Property Details for 3047 Emmons Ave
- Property size
- 3,522 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.937
- Latitude
- 40.5842
