203 Ditmas AveBrooklyn, NY 11218

For Sale
$1,499,000

Prime Brooklyn Mixed-Use Building

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a mixed-use building located at 203 Ditmas Avenue in Brooklyn, New York, 11218. The property, zoned R6A, boasts a total square footage of 1,000 square feet situated on a 2,000 square foot lot. The building comprises a ground floor commercial space, currently configured as a dental office, which will be delivered vacant upon sale, providing immediate potential for lease income or owner-occupancy. Above the commercial space, the second floor features two residential units, generating additional rental income. A fully finished basement adds further value and utility. The asking price for this multifamily property is $1,499,000. Tenants are responsible for all utilities except cold water, minimizing the owner's operational expenses. This property offers a compelling blend of commercial and residential income streams in a desirable Brooklyn location, making it an attractive investment prospect for discerning buyers. The property's location provides easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained mixed-use building with significant upside potential.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6358891
Longitude
-73.9766898
203 Ditmas Ave, Brooklyn, New York

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203 Ditmas Ave
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