Property summary
This exceptional mixed-use property, located at 105 Belmont Ave in Brooklyn, NY 11212, presents a compelling investment opportunity. Priced at $810,000, this 0.02-acre lot features a two-family building with a vacant storefront, offering immediate income potential and future development possibilities. The upper floors comprise two separate two-bedroom apartments, currently occupied by tenants. The vacant storefront provides a blank canvas for a variety of commercial ventures, catering to the vibrant local community. The property's location in Brooklyn, NY, offers easy access to transportation, amenities, and a thriving market. This is an ideal investment for those seeking a blend of immediate rental income and long-term growth potential. The property's size and existing structure provide a solid foundation for a variety of investment strategies, from holding and managing the existing units to undertaking renovations and repositioning the property to maximize its value. The existing tenants provide a stable income stream, mitigating risk and offering a clear path to positive cash flow. This is a rare opportunity to acquire a mixed-use property in a prime Brooklyn location. The property is sold with tenants in place. The square footage of the building is not currently available.
Property profile
VerifiedCap rate & NOI
Current use
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Food Market Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R6 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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