725 Dumont AveBrooklyn, NY 11207

For Sale
Call for price

Two buildings, 12 units, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity encompasses two adjacent three-story mixed-use buildings situated at 715 and 725 Dumont Avenue in Brooklyn, New York, 11207. The property boasts a total of 8,640 square feet, with a net rentable area of 4,000 square feet. Each building features a commercial unit on the ground floor and five residential units above, totaling twelve units across both buildings. The buildings are situated on a 1.5-acre lot and are zoned R6. The property generates a substantial net operating income (NOI) of $291,571. Conveniently located just two blocks from the Pennsylvania Avenue subway station, residents and tenants enjoy easy access to the 2, 3, 4, and 5 subway lines. The surrounding neighborhood offers a variety of amenities, including the Brooklyn Public Library, Hyde Leadership Charter Middle School, and the Martin Luther King Jr. Playground. This property presents a rare chance to acquire a well-established, income-producing asset in a thriving Brooklyn location. The strong NOI and convenient location make this an attractive investment for both seasoned and emerging investors. The property's mixed-use nature provides diversification and potential for future growth. This is a turnkey opportunity with immediate income generation.

Highlights

  • 715 and 725 Dumont Ave: Two adjacent, three-story mixed-use buildings.
  • Each building features one commercial unit and five residential units.
  • Excellent transit access: Two blocks from the Pennsylvania Ave subway station (2, 3, 4, 5 lines).
  • Nearby amenities include the Brooklyn Public Library, Hyde Leadership Charter Middle School, and Martin Luther King Jr. Playground.

Property Details for 725 Dumont Ave

Property type
Other retail properties, Other mixed-use properties
Square Feet
8,640 SF
Buildings
2
Stories
6
Lot Size (sq. ft)
65,340 SF
Units
12

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6667996
Longitude
-73.891798
725 Dumont Ave, Brooklyn, New York

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725 Dumont Ave
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