702 Banner Ave - Multi-Family FOR SALE


Brooklyn, NY 11235- Brighton Beach
$2,229,900 USD
718-954-1363
702 Banner Ave, Brooklyn, NY for Sale
$2,229,900 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

702 Banner Ave
Brooklyn, NY 11235
Brighton Beach


OVERVIEW

Presenting a prime investment opportunity in the heart of Brighton Beach, 702 Banner Avenue is a well-positioned corner mixed-use building offering both immediate income potential and long-term value. The property spans approximately 3,040 square feet across three levels and sits on a 1,752 square foot lot. The lower and first floors are currently built out as a daycare facility, making this an ideal acquisition for an owner-operator in the childcare sector. The second floor features a spacious four-bedroom apartment, adding valuable residential income to the asset. This versatile property includes a private backyard and benefits from excellent accessibility, located just moments from the Belt Parkway and major public transportation options. Whether for continued use as a daycare or as a repositioning opportunity, this building is well-suited for both investors and end-users seeking a corner-lot asset in a growing neighborhood.

FOR SALE DETAILS

PRICE

$2,229,900 USD

PRICE/SF

$734 USD /SF

# OF UNITS

3

PRICE/UNIT

$743,300

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

702 Banner Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6

APN/PARCEL ID

07264-0138

ASK ABOUT THIS PROPERTY

Denis AbayevCommercial Acquisitions IncMore Info
718-954-1363

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Denis AbayevCommercial Acquisitions IncMore Info
718-954-1363

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