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270 2nd St Brooklyn, NY 11211-5489

OFF-MARKET Investment properties Google Maps
2,789 SF 0.04 ac lot Built 1910
Individually Owned ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US63-0864545

Property summary

AI-generated overview

This exceptional three-story mixed-use property in Williamsburg, Brooklyn, presents a unique investment and live-work opportunity. Located at 270 South 2nd Street, this newly redeveloped brick building boasts a spacious 3-bedroom, 3-bathroom duplex residence (approximately 2,244 square feet) above a 590-square-foot commercial storefront. An additional 847 square feet of finished cellar space offers versatile storage or expansion potential for both residential and commercial use. The commercial space features high ceilings, HVAC, an ADA-compliant half bathroom, and over 600 square feet of outdoor space. The property sits on a 1,560-square-foot lot and is zoned R6, C1-3, allowing for a variety of commercial uses, including cafes, galleries, studios, or restaurants. Its prime location offers easy access to public transportation (JMZ and L subway lines), major roadways (Williamsburg Bridge and BQE), and popular local amenities, including Domino Park. The asking price is $3,295,000. This Tax Class 1 property offers strong rental income potential, whether owner-occupied or fully leased, making it an exceptional investment in one of Brooklyn's most dynamic neighborhoods. The building's two units are spread across three stories, providing ample space and flexibility. The potential for commercial expansion further enhances the property's value and investment prospects.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 2,789 SF
Lot 0.04 ac (1,560 SF)
Zoning code R6
APN 02421-0010
UPID US63-0864545

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Construction Company

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$2.9M
6 recorded transactions
2025
$2.9M
2024
Price N/A
2018
$4.4M
2018
Price N/A
2015
$1.5M
2009
Price N/A

Zoning & alternative use

R6 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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