312 Brighton Bch Ave Brooklyn, NY 11235-7413
- Investment properties
- 3,777 SF
- 0.04 lot acres
Current Use by Public Records
- Golden Flamingo LLC / Jewelry Store
- 2H&M Fashion / Clothing Store
Property Details for 312 Brighton Bch Ave
- Year built
- 1927
- Lot size
- 0.04 lot acres
- Property size
- 3,777 SF
- Zone code
- R6
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 08686-0058
- APU
- 86860058
Description
This exceptional three-story mixed-use building, located at 312 Brighton Beach Ave in Brooklyn, NY, presents a compelling investment opportunity. Built in 1927 and renovated in 2010, this 3,840 square foot property sits on a 2,000 square foot lot (20' x 100'). The building boasts a desirable R6 zoning designation and currently houses four units: one commercial space and three residential units, all operating under month-to-month leases. With 100% occupancy, this property generates immediate and consistent income. The prime location on a bustling main street ensures high visibility and strong tenant demand. The building's solid condition minimizes the need for immediate renovations, allowing for a quick return on investment. The existing leases provide a stable income stream, with potential for future rent increases to further enhance profitability and potentially increase the capitalization rate. This is a rare chance to acquire a well-maintained, high-yield property in a thriving Brooklyn neighborhood. The asking price is $2,750,000. This is a turnkey investment ready for immediate income generation. The building's dimensions are approximately 20' x 64'.
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
- -73.9637
- Latitude
- 40.5768
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
