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Listing Courtesy of RE Max Edge Group
$ 1,250,000
Est. payment /mo
Active
296 Legion Street Brooklyn, NY 11212
7 Beds
3 Baths
2,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $446
Subdivision Brownsville
MLS Listing ID RLS20055133
Bedrooms 7
Full Baths 3
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $3,792
Property Sub-Type Mixed Use
Property Description
Prime opportunity for investors to acquire a semi-attached corner mixed-use property located in the heart of Brownsville, Brooklyn. The building features: One ground-floor commercial unit, currently leased to a barbershop Three residential apartments two 2-bedroom units and one 3-bedroom unit, all fully occupied Rear garage generating $700/month in additional income The property produces a gross annual income of approximately $127,020, offering consistent cash flow and strong upside potential through future rent increases. Situated on a visible corner with excellent foot and vehicle traffic, near shopping, schools, and public transportation. This property represents a turnkey, income-producing asset ideal for investors seeking stable returns and long-term appreciation in an emerging Brooklyn neighborhood.
Location
State NY
County Kings
Interior
Heating None
Cooling None
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Building None, None
Exterior
Parking Features Garage
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
New Construction No
Others
Tax ID 03567-0001
Ownership None
Monthly Total Fees $316
Pets Allowed Building No, No
RLS Data display by Elegran Real Estate
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