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    OFF-MARKET
    Commercial real estate

    2111 Bath Ave, Brooklyn, NY 11214

    Built 1930
    Property ID
    US63-1575121
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1930
    UPID US63-1575121
    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
    • Carpet and furniture Carpet & Flooring Store
    • Ruhma Carpet and furniture Furniture & Home Goods Home Decor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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