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421 New Lots Avenue, Brooklyn, New York, 11207

$799,000

0

Beds

Bathrooms

2,856

Building Sqft

0.05

Acres

2,052

Lot Sqft

About 421 New Lots Avenue

Full brick 3 unit mixed use building located in the rapidly developing neighborhood of East New York. This building offers an affordable opportunity for a new or seasoned investor. Situated on a high-visibility street with strong foot traffic and easy access to public transportation. The property features 2 one bedroom apartments. 1st floor features over 1400 Sq feet retail space (Currently occupied by a thriving nail salon). Full unfinished basement can be used for storage and houses the building’s utilities. The building offers stable income and significant upside potential in an area poised for continued growth and revitalization. Just minutes from the Gateway Center Mall, major highways, and several transit options, this property sits in a strategic location within one of Brooklyn’s most active commercial corridors.

Features of 421 New Lots Avenue

MLS® #
492601
Acres
0.05
Type
Mixed Use
Price
$799,000
Square Footage
2,856
Year Built
1930
Sub-Type
Mixed Use

Community Information

Address
421 New Lots Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11207

Listing Information

Agent Name
Joseph Haskell
Agent Office
Century 21 Standard Real Estat

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(718) 987-7900