2930 Atlantic AveBrooklyn, NY 11207

This exceptional mixed-use property at 2930 Atlantic Avenue in East New York, Brooklyn, presents a compelling investment opportunity. The building boasts 2,340 square feet of space, currently featuring 100% occupancy. The ground floor retail space will be delivered vacant, providing immediate potential for a new tenant or owner-occupancy. The second floor offers residential space, currently occupied. The asking price is $800,000, translating to a price per square foot of $341.88 and a projected cap rate of 7.40%. Located in Kings County, New York, with a zip code of 11207, this property benefits from its strategic location on Atlantic Avenue. The building's structure allows for potential value-add opportunities, and the presence of air rights further enhances its long-term investment prospects. This is an ideal acquisition for both investors seeking strong returns and owner-operators looking to establish a presence in a vibrant Brooklyn neighborhood. The property's current income stream, coupled with the vacant ground floor retail space, offers a unique blend of immediate cash flow and future upside potential. Serious inquiries are encouraged.