2339 Bath Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11214- Gravesend
$2,190,000 USD
347-320-2569
2339 Bath Ave, Brooklyn, NY for Sale
$2,190,000 USD
Storefront Retail/Residential - FOR SALE
1/40
null | 6% Cap Rate

NEW


2339 Bath Ave
Brooklyn, NY 11214
Gravesend


OVERVIEW

Don’t miss this rare opportunity to own a well-maintained, cash-producing mixed-use 5-family building in the heart of Bath Beach. This non-stabilized, free-market property offers excellent investment potential with strong income and flexibility. The building features one ground-floor commercial unit currently operating as a salon (with 2 years remaining on the lease) and 5 residential units in great condition — including 4 spacious 1-bedroom apartments and one 2-bedroom unit. All tenants are reliable, and none of the units are rent-stabilized or under lease, providing maximum rental flexibility.Building Size: 22 ft × 82 ft, Lot Size: 22 ft × 100 ft; Gross Annual Income: Approx. $171,000; Net Operating Income (NOI): Approx. $133,535; Annual Insurance: $8,000; Total Expenses: Approx. $37,465. All residential units have been renovated within the past 5 years, featuring high ceilings and excellent overall condition. it's Just minutes from bus stops, the D train, the vibrant 86th Street shopping corridor, and with easy access to the Belt Parkway — making this a truly convenient and desirable investment opportunity!

FOR SALE DETAILS

PRICE

$2,190,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R5, Brooklyn

APN/PARCEL ID

06874-0003,06874-0004

ASK ABOUT THIS PROPERTY

Emily LiangTiger RealtyMore Info
347-320-2569

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Emily LiangTiger RealtyMore Info
347-320-2569

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