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1701 Elm Avenue Brooklyn, NY $ 1,300,000
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1701 Elm Avenue
$ 1,300,000
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1701 Elm Avenue

Brooklyn, NY, 11230
$ 1,300,000
Baths0.0 Sq 2,746

Monthly Estimate*

$ 9,081

1701 Elm Avenue, Brooklyn, NY 11230 - Image 1
1701 Elm Avenue, Brooklyn, NY 11230 - Image 2
1701 Elm Avenue, Brooklyn, NY 11230 - Image 3
1701 Elm Avenue, Brooklyn, NY 11230 - Image 4
Studio

Commercial Property for sale in Brooklyn, NY

for $1,300,000. This 2,746 square foot building was built in 1931 on a lot size of 0.077594.

Welcome to an unparalleled investment opportunity in the heart of Midwood! This prime mixed-use building boasts a strategic corner location, offering exceptional exposure along the bustling Ave M commercial strip. Comprising two spacious commercial storefronts and a charming one-bedroom residential unit above, this property offers versatility and income potential. With a full storage basement and zoning R7A, the possibilities for expansion or development are endless. Spanning 27 x 42 feet with a lot size of 32 x 103 irregular, this property presents a rare chance to secure a foothold in one of Brooklyn's most coveted neighborhoods. Don't miss out on this chance to make your mark in the thriving Midwood community!

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,010

Style

Mixed Use

Lot Size

0.077594

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

481272
Features
Interior
Heating Fuel Gas
Flooring Other
Hot Water Gas
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General
Roof Flat
Zoning R7A
Electric Circuit Breakers
Property Type Mixed Use
Block 6737
Yearly Taxes 17010.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Block
Cumulative Days on Market 9
MLS Area Midwood
Sub Type Mixed Use
Year Built 1931
City Brooklyn
DOM 9
# Families 1
Coming Soon Welcome to an unparalleled investment opportunity in the heart of Midwood! This prime mixed-use building boasts a strategic corner location offering exceptional exposure along the bustling Ave M comm
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Exterior
Exterior Brick Stucco
Lot Dimensions 32.58x103.75
Foundation Poured Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Century 21 Homefront Realty

Broker

(718) 252-6060

Phone

Affordability Calculator

$10,498
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
$1,418
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,300,000 Listed Price

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1701 Elm Avenue, Brooklyn, NY, 11230 is a Commercial Property for sale at $1,300,000 with 2,746 sqft and a lot size of 0.077594. 1701 Elm Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 11230 which is in Brooklyn, NY

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