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3 Beds

1 Bathrooms

-- Building Sqft

1,620 Lot Sqft

$1,598,000

248 Avenue P, Brooklyn, New York, 11204

About 248 Avenue P

Active Multi-Family

Welcome to this exceptional mixed-use property, offering a versatile combination of medical and residential spaces across three levels. This brick construction corner property has a built-in garage and handicap platform elevator for 2 separate medical offices. Street Level has a busy podiatrist office, in business for the past 16 years, including an office space with five exam rooms,1.5 baths, a reception area, utilities room and storage. The first floor of this property features a recently renovated and currently vacant doctor’s office, boasting a spacious layout designed to accommodate any medical practice needs. This well-appointed space includes five exam rooms, alongside convenient amenities such as 1.5 baths, a spacious reception area, kitchen and ample built-in storage space in the attic. On the top floor, you’ll discover a huge three-bedroom one-bathroom residential unit, providing immediate rental income, making it an attractive option for investors seeking to diversify their portfolio with residential real estate. The building was completely rebuilt with a new certificate of occupancy in 2005. Within the past 2 years the following house improvements were done: installation of new roof, new sewer and water main line, masonry stone porches and iron rod fence. Separate utilities with separate meters for gas and electric for all 3 units make it more profitable for the owner. Projected net income almost 100K a year that makes it almost 7% cap!

Features of 248 Avenue P

MLS® #
492752
Bedrooms
3
Bathrooms
1
Acres
0.04
Type
Residential
Price
$1,598,000
Year Built
1935
Sub-Type
Multi-Family

Community Information

Address
248 Avenue P
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11204

Listing Information

Agent Name
Leonid Sklyar
Agent Office
RE/MAX Edge

Listing Map

Get Directions to Property:

At a Glance

248 Avenue P

Brooklyn, New York, 11204

$1,598,000

3 Beds

1 Bathrooms

0 Building Sqft

1,620 Lot Sqft

(718) 987-7900