224 Manhattan Avebrooklyn, NY 11206

For Sale
$2,700,000

Five-unit residential, one commercial space.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 224 Manhattan Avenue in Brooklyn, NY, 11206, presents a rare investment opportunity. Offered at $2,700,000, this building boasts a compelling blend of residential and commercial income streams. The structure comprises five residential units, each a two-bedroom, one-bathroom apartment. Currently, the building is partially vacant and features year-to-year tenants only. Adding to its appeal is a commercial space, recently renovated in 2015 and previously operated as a bar. This versatile space offers significant potential for a variety of businesses. The building's location in the vibrant Brooklyn neighborhood provides easy access to local amenities, transportation, and a thriving community. This is a unique chance to acquire a well-positioned mixed-use property with established income and significant upside potential. The building has not been on the market since the 1970s, making this a truly exceptional offering. Private showings are currently required. The square footage is not currently available.

Highlights

  • Exceptional mixed-use investment opportunity in Brooklyn, NY, offered at $2,700,000.
  • Five (5) two-bedroom, one-bathroom residential units, currently partially vacant with year-to-year tenants.
  • Includes a renovated commercial space (2015), previously a bar, offering versatile business potential.
  • Prime Brooklyn location with excellent access to amenities and transportation.
  • Rare opportunity; building hasn't been on the market since the 1970s; private showings required.

Location Insight

City
brooklyn
County
36047
State
New York
Latitude
40.7109636
Longitude
-73.9452804
224 Manhattan Ave, brooklyn, New York

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224 Manhattan Ave
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