Skip To Content

    1301 Gravesend Neck Road

    BROOKLYN, NY 11229
    • $1,299,888
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 449355
    UPDATED: 39 min ago
    $1,299,888
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,640
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1927

    School Ratings & Info

    Description

    INCREDIBLE INVESTMENT OPPORTUNITY. Meticulously maintained, updated corner mixed-use brick building with 2 Storefronts + basement, and Two 1 Bedroom Apartments on the second floor. Well managed property, updated electric system, 3 years new gas Boiler. Few years old windows, rubber roof, kitchen cabinets, granite countertops, appliances, and so much more. The property is located on the busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn, steps away from all public transportation and MTA Q & B lines, shopping, schools, parks, restaurants and places of worship. This property is an incredible investment opportunity, excellent choice for the owner-user or savvy investor. CAP Rate 6.76%.It can be purchased together with the building next door, MLS #446987, which has 2 one bedroom apartments and a storefront as an investment portfolio MLS #446834 , totaling of 4 apartments and 3 storefronts, with CAP Rate 6.82%. The portfolio Price is $2,280,000.

    Monthly Payment Calculator



    © 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2021-04-13T15:00:34.66.
    www.teampaganogroup.com/homes/115285521
    Print Image

    1301 Gravesend Neck Road BROOKLYN, NY 11229

    • Price: $1,299,888
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 449355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    3,640
    SQFT
    $357
    $/SQFT
    1927
    Built
    Neighborhood:
    Brooklyn
    County:
    Kings (Brooklyn)
    Area:
    Sheepshead Bay
    Property Description
    INCREDIBLE INVESTMENT OPPORTUNITY. Meticulously maintained, updated corner mixed-use brick building with 2 Storefronts + basement, and Two 1 Bedroom Apartments on the second floor. Well managed property, updated electric system, 3 years new gas Boiler. Few years old windows, rubber roof, kitchen cabinets, granite countertops, appliances, and so much more. The property is located on the busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn, steps away from all public transportation and MTA Q & B lines, shopping, schools, parks, restaurants and places of worship. This property is an incredible investment opportunity, excellent choice for the owner-user or savvy investor. CAP Rate 6.76%.It can be purchased together with the building next door, MLS #446987, which has 2 one bedroom apartments and a storefront as an investment portfolio MLS #446834 , totaling of 4 apartments and 3 storefronts, with CAP Rate 6.82%. The portfolio Price is $2,280,000.
    Exterior Features

    Building Length 64.50 Building Width 20.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Dimensions 20X65 Lot Size Length 65 Lot Size Width 20 Parking Attributes None Parking Feature None Road Frontage 85 Roof FlatRubber Yard None

    Interior Features

    Basement Amenities FullUnfinished Building Footprint Sq Ft 1290 Ceiling Height 11-15 Foot8-10 Foot Commercial Features Interior Intercom Flooring CeramicHardwoodLaminate Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories None Walls PlasterSheet Rock

    Property Features

    ACUnits 0 Block 7374 Certificate Of Occupancy YN 1 Commercial Condo 0 Construction Type Semi-Detached Cross Street Name E 13 St Cross Street Name2 E 14 St Electric 110 V220 VCircuit Breakers Financing Cash Fuel Expense 1900.00 Gross Income 97730 Handicap Access Unknown Heating Fuel Gas Hot Water Gas Insurance Expense 2050.00 Lot Number 54 Lot Size Irregular YN 0 Net Operating Income 87900.00 Number Of Families 2 Number Of Stores 2 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Agent Owned Transaction Type Sale Utility Expense 240.00 Zoning R4

    Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of City Express Realty Llc.


    © 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2021-04-13T15:00:34.66.
     
    https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_449355-2.jpg https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_449355-2.jpg https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_449355-2.jpg
    Logo
    Team Pagano | Keller Williams Realty
    50 RT 9 South
    Morganville NJ, 07751