92 Livonia Ave Brooklyn, NY 11212
- Retail space
- 2,000 SF
Current Use by Public Records
- S&S West Indian Food and Produce / Grocery Store
Property Details for 92 Livonia Ave
- Year built
- 1930
- Property size
- 2,000 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional 3-unit mixed-use building, located at 92 Livonia Ave in Brooklyn, NY 11212, presents a unique investment opportunity. The property boasts a total of 2,000 square feet, encompassing a 2,000 square foot commercial storefront currently operating on a month-to-month tenancy and two vacant residential units. Each residential unit features three bedrooms, a living room, a dining room, and a kitchen. Built in 1930 and extensively renovated in 2024, this well-maintained brick building benefits from a new roof and is situated on a 2,003 square foot lot. The property is zoned R6, offering significant potential for future development or expansion. Currently, the occupancy rate is 33%. The building is equipped with three gas meters and four electric meters, contributing to efficient utility management. Its convenient location provides easy access to public transportation, including the 2 train and the B60 bus route. Low annual real estate taxes, estimated at approximately $4,000, further enhance the financial appeal. The asking price is $1,249,000, and is negotiable. This property represents a compelling investment in a thriving Brooklyn neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9147747
- Latitude
- 40.6615222
