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    OFF-MARKET
    Commercial real estate

    998 New York Ave, BROOKLYN, NY 11226

    Property ID
    US63-0849447
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 998 New York Avenue in Brooklyn, NY 11226, presents a lucrative investment opportunity. Priced at $1,250,000, this semi-attached three-family building offers substantial rental income potential. Each of the three apartments boasts a generous layout, including three large bedrooms, ample closet space, a formal dining room, and a spacious living room. The building features a partially finished basement, adding extra storage or potential for expansion. Each unit enjoys the convenience of its own furnace and hot water heater, with tenants responsible for their individual electricity costs. The property's convenient location is a key advantage, situated near a variety of amenities including shopping centers, schools, and pharmacies. Commuters will appreciate the short walk to the #2 and #5 subway lines, providing easy access to Downtown Manhattan within 15 minutes. The neighborhood also offers an abundance of nearby delis and supermarkets. This property is an ideal investment for those seeking a strong return in a thriving Brooklyn community. The building's size is not currently specified. Further details are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-0849447
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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