For Sale
$1,090,000

2111 Bath AveBrooklyn, NY 11214

Bath Beach gem: income-producing, renovated!

Overview

Added:
Dec 11, 2024
Days on market:
98
This exceptional mixed-use property, located at 2111 Bath Avenue in Brooklyn, New York (zip code 11214), presents a lucrative investment opportunity. Built in 1930, this two-story building boasts a total of one structure and features a blend of commercial and residential space. The permitted zoning is R5 and C2-2, allowing for a variety of uses. Currently, the building comprises a ground-floor storefront, currently leased to a furniture store, which also includes a leased basement space. Upstairs, a six-room residential apartment is generating rental income. The property includes a private backyard, adding to its appeal. A complete renovation and update were undertaken in 2018, ensuring the building is in excellent condition. The building enjoys a high-exposure location on a two-way commercial strip, benefiting from significant foot traffic. Its convenient proximity to public transportation, shopping, and other amenities further enhances its desirability. The asking price is $1,090,000. Special financing options may be available. Detailed financial information, including rental revenue, net operating income (NOI), net operating expenses (NOE), and capitalization rate (CAP rate), is available upon request.

Highlights

  • Mixed-use building: 1-family residence plus leased storefront.
  • Six-room residential apartment currently rented.
  • Private backyard.
  • Complete building renovation in 2018.
  • High-visibility location on a two-way retail strip.
  • Excellent access to public transportation and amenities.

Property Details for 2111 Bath Ave

Property type
Other mixed-use properties, Mixed-use properties
Year Built
1930
Buildings
1
Stories
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.599945
Longitude
-73.9990212
2111 Bath Ave, Brooklyn, New York

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2111 Bath Ave
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