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122 Avenue T, Brooklyn, NY 11223

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For Sale

$3,500,000

5,670 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • $617.28
    Price per square foot

Explore this Property

A magnificent newly renovated brick mixed-use property, fully redone from top to bottom, showcasing two prime commercial stores and four elegant residential units. Each residence is equipped with independent heat and hot water systems, allowing tenants to cover their own utilities and ensuring maximum efficiency for the owner. With a building size of 21 × 80 ft and a lot size of 21 × 90 ft, this impressive property also features a private garage and parking for two vehicles, along with brand-new plumbing and electrical systems that deliver both luxury and durability. Generating an annual gross income of $308,000 with minimal expenses of $38,633, the property achieves a strong net operating income of $269,537 and offers an outstanding cap rate. Ideally situated in a sought-after Brooklyn neighborhood celebrated for its vibrant shopping corridors, excellent schools, and convenient transportation, this is a rare opportunity to acquire a turnkey trophy investment with enduring value.
MLS# 495971

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Property Features

  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.04 Acres

Map and Directions

Directions to 122 Avenue T, Brooklyn, NY 11223
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Home seller CENTURY 21 MK Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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