2111 Bath Ave Brooklyn, NY 11214
- Commercial real estate
Current Use by Public Records
- Carpet and furniture / Carpet Store
- Ruhma Carpet and furniture / Furniture Store
Property Details for 2111 Bath Ave
- Year built
- 1930
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 2111 Bath Avenue in Brooklyn, New York (zip code 11214), presents a lucrative investment opportunity. Built in 1930, this two-story building boasts a total of one structure and features a blend of commercial and residential space. The permitted zoning is R5 and C2-2, allowing for a variety of uses. Currently, the building comprises a ground-floor storefront, currently leased to a furniture store, which also includes a leased basement space. Upstairs, a six-room residential apartment is generating rental income. The property includes a private backyard, adding to its appeal. A complete renovation and update were undertaken in 2018, ensuring the building is in excellent condition. The building enjoys a high-exposure location on a two-way commercial strip, benefiting from significant foot traffic. Its convenient proximity to public transportation, shopping, and other amenities further enhances its desirability. The asking price is $1,090,000. Special financing options may be available. Detailed financial information, including rental revenue, net operating income (NOI), net operating expenses (NOE), and capitalization rate (CAP rate), is 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
- -73.9990212
- Latitude
- 40.599945
