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291 Pennsylvania Ave
Brooklyn, NY 11207 East New York

$1,250,000 USD

Storefront Retail Residential For Sale  •  3,216 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,216 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Multiple
  • Zoning R6
100 Transit Score
85 Walk Score

Highlights

US GOVT ANCHORED commercial building (GSA lease)
Significant upside in residential apt rent (currently $2200/month - proforma is $2800/month) 3 retail
3 retail spaces + 1 apt (4bd/1ba) - apt can be delivered vacant or occupied
Just under $92k in NOI from Day 1
No landlord gas or electric
Corner retail building on major thoroughfare Pennsylvania Avenue

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 13 min 0.7 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 10 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Liberty Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Van Siclen Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Sutter Avenue (L - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Pennsylvania Avenue (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
Van Siclen Avenue (3,4 Line) (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
John F Kennedy International 14 min - 7.9 mi
Laguardia 20 min - 11.1 mi
Newark Liberty International 37 min - 19.3 mi
Jennifer Novelli 212-457-9796 DNY Real Estate
Jennifer Novelli 212-457-9796 DNY Real Estate