196 Highlawn Ave - Retail FOR SALE


Brooklyn, NY 11223- Gravesend
$2,080,000 USD
347-628-8818
196 Highlawn Ave, Brooklyn, NY for Sale
$2,080,000 USD
Retail - FOR SALE
1/20
null | 5% Cap Rate

196 Highlawn Ave
Brooklyn, NY 11223
Gravesend


HIGHLIGHTS

  • Fully Leased Mixed-Use Asset
  • Excellent Location & Transit Access
  • Investor-Friendly Utilities & Layout

OVERVIEW

Mixed-Use Investment Opportunity in Prime Bensonhurst Introducing 196 Highlawn Avenue — a solid brick mixed-use property located in the heart of Bensonhurst, Brooklyn. This well-maintained building offers approximately 3,200 sqft of interior space across two full floors (each floor approx. 1,600 sqft). The ground floor features three fully leased commercial units: a grocery store, a barbershop, and a dental office, generating strong and stable rental income. The upper level consists of two residential units, each with 3 bedrooms and 1 bathroom, providing spacious layouts ideal for long-term tenants. The property is equipped with 5 electric meters and 2 gas meters, allowing for easy utility separation between units. Full basement and finished condition (per owner), adding potential for storage or additional revenue use. Located just 3 minutes from the subway, this building benefits from excellent transit access, strong foot traffic, and a vibrant local community.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R5B

APN/PARCEL ID

06675-0001

ASK ABOUT THIS PROPERTY

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347-628-8818

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347-628-8818

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