Contacts
Commercial Acquisitions INC
Property Details
- Property Type Multi-Family
- Property Size 2,560 SF
- Lot Size 0.06 Acre
- Cap Rate % 6.5
- Taxes / YR $10,700.00
- # of Floors 2
- Year Built 1910
- Date Updated May 13, 2025
Presenting an exceptional investment opportunity in the heart of Brooklyn, this three-family residence at 2622 Avenue Y is currently utilized as a five-family income-generating property. Strategically located near local businesses, recreational facilities, and a playground, the home offers both convenience and rental appeal. The property includes a rear studio on the lower level currently rented for $1,600/month (utilities included), and a vacant two-bedroom unit at the front of the same level with a projected rent of $2,500/month. The first floor features a spacious, vacant three-bedroom apartment with a projected monthly rent of $3,500. The second floor comprises two occupied two-bedroom units - one generating $2,000/month and the other $2,200/month, the latter including one parking space. This property presents a strong opportunity for both immediate income and long-term appreciation in a vibrant neighborhood setting.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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91/100
Walk Score ®
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77/100
Transit Score ®
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63/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Sheepshead Bay
- Zip Code 11235
- Market Brooklyn
Points of Interest
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Avenue U
0.87 miles
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Seagull Transportation
0.92 miles
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A-Kings Highway Car Service
1.47 miles
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Avenue X Car Service
1.60 miles
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86th Street
1.84 miles
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Avenue J
2.52 miles
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Bay Parkway & 66 Street
2.54 miles
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Avenue H
2.81 miles
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20th Avenue
2.85 miles
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Flatbush Avenue–Brooklyn College
2.85 miles
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Citgo
0.19 miles
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BP
0.40 miles
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Sunoco
0.98 miles
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Mobil
1.04 miles
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Gulf
1.05 miles
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Shell
1.11 miles
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Allegiance
1.30 miles
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Tesla Destination Charger
2.29 miles
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EVgo
2.31 miles
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ChargePoint
2.55 miles
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Super Stop and Shop Parking
0.48 miles
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Stop and Shop
0.48 miles
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Petco Parking
0.52 miles
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Doody's Home Center
0.53 miles
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Bank of America
0.64 miles
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Roosevelt Savings Bank
0.68 miles
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Chase Bank Parking
0.76 miles
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Kings Plaza Car Lot
1.76 miles
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CVS
1.77 miles
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Fine Fare
1.96 miles
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Comfort Inn
0.76 miles
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Lighthouse Inn
0.77 miles
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Best Western
2.10 miles
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Sleep Inn
2.15 miles
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Home
2.24 miles
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Ramada
2.70 miles
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Harbor Motor Inn
2.86 miles
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Best Western Plus
3.27 miles
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Ruby & Emrys
3.77 miles
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Brooklyn Vybe Hotel, Ascend Hotel Collection
3.88 miles
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ALDI
0.18 miles
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Sheepshead Bay Fruit and Vegetable
0.49 miles
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Stop & Shop
0.49 miles
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NetCost Market
0.52 miles
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Macy's Backstage
0.53 miles
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Marshalls
0.54 miles
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Cherry Hill Gourmet
0.58 miles
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Kosher Palace
0.62 miles
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J&J Fresh Market
0.77 miles
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Key Food
0.86 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Commercial Acquisitions INC
