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346 7th Avenue
Brooklyn NY 11215 US

$3,650,000

Active Listing ID 487365
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Lot: 0.04 Acres
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Mixed Use

$3,650,000

Active Listing ID 487365
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346 7th Avenue Calling All Investors: Exceptional High-Rental Income Opportunity! This is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just minutes away from the F and G subway lines at the 7th Avenue station, providing unparalleled convenience and accessibility. Built on a 19.5 ft x 80 ft lot and zoned R6A, C2-4, this property offers 4, 680 square feet of income-generating space, including six rent-stabilized residential units and one commercial unit. The building footprint spans 19.5 ft x 60 ft, with each residential unit fully occupied. All units feature in-unit washers and dryers , hardwood floors, oversized windows, and decorative brick fireplaces, adding charm and modern appeal. The commercial space, currently occupied by a popular Sugaring Boutique , provides steady income in addition to the robust rental income from residential units. Fully occupied and income-producing, this property is a fantastic turnkey investment for anyone looking to establish or expand their portfolio in the highly desirable Park Slope neighborhood. With strong rental demand and a prime location, this is the perfect investment to secure both stability and growth. Schedule a viewing today to explore this incredible opportunity firsthand!

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 3650000
  • unparsedaddress: 346 7th Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11215
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0367309458218549
  • lotsizeunits: Acres
  • lotsizearea: 0.036731
  • livingarea: 4680
  • livingareaunits: Square Feet
  • listagentfullname: ZaiYou (Joe) Zhu
  • listagentemail: joe@remaxedgeny.com
  • listagentkey: 3yd-BMLSNY-ZYZ1615
  • listagentmlsid: ZYZ1615
  • listagentpreferredphone: 7186123088
  • listagentofficephone: 7186123088
  • listofficekey: 3yd-BMLSNY-118210
  • listofficemlsid: 118210
  • disclaimer: Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • listagenturl: https://www.remaxedgeny.com/
  • countyorparish: Kings (Brooklyn)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 5
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 12/9/2024 8:03:44 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: ZaiYou (Joe) Zhu, RE/MAX Edge, joe@remaxedgeny.com

Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.