There is no favorite listings!
Property Description

Fully renovated, and structurally exceptional mixed-use brick corner property located on vibrant Avenue P between W 5th and W 6th Streets in the Gravesend/Bensonhurst section of Brooklyn.This high-income producing property encompasses 4,522 sq ft and was fully rebuilt with a new CO in 2005. Recent capital improvements in 2021 include new flat roof with skylights, new Sewer and Water line, new garage door with quiet motor, limestone steps, concrete landing and stucco painting. The House features two medical offices and one spacious residential apartment with potential to be split into two apartments, finished indoor one-car garage with attic storage, wheelchair-accessible lift, separate utilities and private entrances for each unit. Each commercial unit has independent central air and heating systems.Property Features: Cellar/Street Level is occupied by an established podiatry office with a direct entrance, reception area, five exam rooms, 1.5 baths, and ample storage.First Floor: Currently vacant, fully renovated, turn-key medical/ commercial office has large reception area, five exam rooms with en-suite bathroom, handicap bathroom, kitchen, attic storageready to accommodate any specialty or business.Second floor Residential Unit is Currently Vacant, 2025 renovated, 1,500 sq ft 3-bedroom, 1-bath apartment featuring hardwood floor, new kitchen and bathroom, new stainless-steel appliances, kitchen cabinets and countertop. Sold AS ISProjected NOI is 112,350, delivering a solid 7.5% cap rate plusmaking this a smart, income-driven investment.Nearby transportation: N and F train, B4, B6 and B82 busses.

BrooklynNew York
Address Map
USA
NY
Brooklyn
11204
11204
Additional Info
View Virtual Tour

248 Avenue P

Brooklyn, New York, 11204, United States

0.04 Sqft
$1,500,000
Listing ID #1954440
Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 1954440
Ref ID : 496302
Price : $1,500,000
Lot Area : 0.04 Sqft
MLS : 496302
Slide
Agent info
Contact Agent


America’s Most Expensive Homes
Alabama Real Estate | Alaska Real Estate | Arizona Real Estate | Arkansas Real Estate | California Real Estate | Colorado Real Estate
 
Connecticut Real Estate | Delaware Real Estate | Florida Real Estate | Georgia Real Estate | Hawaii Real Estate | Idaho Real Estate
 
Illinois Real Estate | Indiana Real Estate | Iowa Real Estate | Kansas Real Estate | Kentucky Real Estate | Louisiana Real Estate
 
Maine Real Estate | Maryland Real Estate | Massachusetts Real Estate | Michigan Real Estate | Minnesota Real Estate | Mississippi Real Estate
 
Missouri Real Estate | Montana Real Estate | Nebraska Real Estate | Nevada Real Estate | New Hampshire Real Estate | New Jersey Real Estate
 
New Mexico Real Estate | New York Real Estate | North Carolina Real Estate | North Dakota Real Estate | Ohio Real Estate | Oklahoma Real Estate
 
Oregon Real Estate | Pennsylvania Real Estate | Rhode Island Real Estate | South Carolina Real Estate | South Dakota Real Estate | Tennessee Real Estate
 
Texas Real Estate | Utah Real Estate | Vermont Real Estate | Virginia Real Estate | Washington Real Estate | West Virginia Real Estate
 
Wisconsin Real Estate | Wyoming Real Estate

Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern