
3 Beds
1 Bathrooms
-- Building Sqft
1,620 Lot Sqft
$1,598,000
248 Avenue P, Brooklyn, New York, 11204
About 248 Avenue P
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
Community Information
Listing Information
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