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-- Beds

-- Bathrooms

2,856 Building Sqft

2,052 Lot Sqft

$799,999

421 New Lots Avenue, Brooklyn, NY, 11207

About 421 New Lots Avenue

Active under contract Commercial

Full brick 3 unit mixed use building located in the rapidly developing neighborhood of East New York. This building offers an affordable opportunity for a new or seasoned investor. Situated on a high-visibility street with strong foot traffic and easy access to public transportation, the property features a 2nd floor two bedroom apartment and a one bedroom apartment. 1st floor features over 1400 Sq feet retail space (Currently occupied by a thriving nail salon). Full unfinished basement can be used for storage and houses the building’s utilities. The building offers stable income and significant upside potential in an area poised for continued growth and revitalization. Just minutes from the Gateway Center Mall, major highways, and several transit options, this property sits in a strategic location within one of Brooklyn’s most active commercial corridors.

Features of 421 New Lots Avenue

MLS® #
2502649
Acres
0.05
Type
Commercial Sale
Price
$799,999
Building Sqft
2,856
Year Built
1930
Sub-Type
Commercial

Community Information

Address
421 New Lots Avenue
City
Brooklyn
County
Kings
State
New York
Zip Code
11207

Listing Information

Agent Name
Joseph Haskell
Agent Office
Century 21 Standard Real Estate

Listing Map

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At a Glance

421 New Lots Avenue

Brooklyn, NY, 11207

$799,999

0 Beds

-- Bathrooms

2,856 Building Sqft

2,052 Lot Sqft

(718) 987-7900