165 West End Ave - Apartments FOR SALE


Brooklyn, NY 11235- Manhattan Beach
$4,499,000 USD
917-939-3760
165 West End Ave, Brooklyn, NY for Sale
$4,499,000 USD
Apartments - FOR SALE
1/14
null | 6.93% Cap Rate

165 West End Ave
Brooklyn, NY 11235
Manhattan Beach


HIGHLIGHTS

  • Retail Space and 13 Residential Units
  • 47' Frontage
  • Tax Abatement Expires 2031
  • All New Mechanicals, Electrical & Plumbing Updated in 2006
  • Prime Manhattan Beach Location
  • Close to Public Transportation

OVERVIEW

Located in the highly desirable Manhattan Beach section of Brooklyn, this well-maintained mixed-use building at 165 West End Ave presents an exceptional investment opportunity. The property features a ground-floor retail space along with 13 residential units, offering a stable income-producing asset in one of South Brooklyn’s most sought-after neighborhoods. With approximately 47 feet of frontage, the building benefits from strong visibility and presence on the block, making the retail component especially attractive for businesses seeking exposure in a vibrant local market. The property has been thoughtfully maintained, with major upgrades completed in 2006 including new mechanical systems, electrical infrastructure, and plumbing. A valuable tax abatement remains in place through 2031, enhancing the building’s financial appeal for investors. Situated just moments from public transportation and surrounded by the conveniences of the Manhattan Beach community, this property combines a prime location, solid infrastructure, and long-term income potential.

FOR SALE DETAILS

PRICE

$4,499,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

14

PRICE/UNIT

$321,357

CAP RATE

6.93%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

R6

APN/PARCEL ID

08732-0018

ASK ABOUT THIS PROPERTY

Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

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Arsen AtbashyanCommercial Acquisitions IncMore Info
917-939-3760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.