637 Hegeman Ave - Storefront Retail/Residential FOR SALE
Brooklyn, NY 11207 |
637 Hegeman Ave
Brooklyn, NY 11207
HIGHLIGHTS
- Two-story brick mixed-use building in vibrant East Brooklyn, New York, featuring two residential units, a retail unit, and a storage/studio unit.
- East New York is known for its rich cultural diversity, strong community spirit, and a mix of residential streets and bustling commercial hubs.
- Fully occupied and cash-flowing asset offers investors a low-maintenance property with significant rental growth potential.
- Property upgrades include a new boiler and hot water tank, gut renovations of units with new appliances, new windows, flooring, electricity, and more.
- Property boasts 6,000 square feet of air rights, providing additional value-add potential for investors.
- Conveniently located near the MTA Subway (L) line, connecting to Broadway Junction and offering quick access to Downtown Brooklyn, Manhattan, and JFK.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Recently Renovated Mixed-Use with Air Rights
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
3470
STORIES
2
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
1
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
04303-0042
