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$ 3,490,000
Est. payment /mo
New
941 Manhattan AVE Brooklyn, NY 11222
1,380 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 986067
Rental Info No
Year Built 1931
Annual Tax Amount $67,143
Lot Size 1,380 Sqft
Acres 0.0317
Property Sub-Type Multi Family
Source onekey2
Property Description
Located in a vibrant commercial corridor, 941 Manhattan Avenue presents an opportunity to acquire a mixed use asset with plenty of space for significant rent growth and value add potential.
4 residential free-market units, all functional two bedroom layouts (approx 688 sq feet) with natural light and sizeable bedrooms. With current rents offering market rate appreciation, increase rents as is or make minor cosmetic changes to maximize your ROI. All four residential units are free-market and not subject to rent stabilization, offering full flexibility for rent increases and repositioning
The ground floor features a high visibility store front currently operating as a popular restaurant. Great foot traffic, near public transportation, and surrounded by trendy boutiques and eateries. 941 Manhattan Avenue is Situated steps from the Greenpoint Ave G train and close to the East River Ferry.
We have a full P&L and expense breakdown for qualified buyers. This property is ready for an investor who recognizes the value of location and is ready to make small changes that will lead to large profits.
4 residential free-market units, all functional two bedroom layouts (approx 688 sq feet) with natural light and sizeable bedrooms. With current rents offering market rate appreciation, increase rents as is or make minor cosmetic changes to maximize your ROI. All four residential units are free-market and not subject to rent stabilization, offering full flexibility for rent increases and repositioning
The ground floor features a high visibility store front currently operating as a popular restaurant. Great foot traffic, near public transportation, and surrounded by trendy boutiques and eateries. 941 Manhattan Avenue is Situated steps from the Greenpoint Ave G train and close to the East River Ferry.
We have a full P&L and expense breakdown for qualified buyers. This property is ready for an investor who recognizes the value of location and is ready to make small changes that will lead to large profits.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Unfinished
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Natural Gas Available
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Special Listing Condition None
Listed by Real Broker NY LLC • Odalis Gonzalez