Contacts
Victor Weinberger
REMAX TEAM
CCS
(917) 806-7040
Property Details
- Property Type Mixed Use
- Property Size 2,700 SF
- Units 2
- Lot Size 988 SF
- # of Floors 3
- Average Floor Size 900 SF
- Building Class D
- Year Built 1910
- Date Updated Jul 13, 2023
- Construction Type Brick
- Website youtu.be
For Sale: 559 New Lots Ave, Brooklyn, NY, 11207 (East New York)
Corner Van Siclen Avenue Mixed use 2 Family Brick with a store.
Only 1 Block to the Livonia Ave/Van Siclen Avenue Stop.
Property video: https://youtu.be/BxFcbm0sF08
Plenty of potential to increase the value of the building and increase its cash flow. Building has No Leases. Projected Net Rent: $50,000 per year. Ideal User/Investor opportunity.
Income ($42,000 Net excluding 1 vacancy.) Market rent for Vacant is $2,500 per month)
Priced to sell at $939,000
Low taxes: $4,334 (tax Class 1)
1st floor: 900 SF store with full Basement.
2nd Floor: 3 Bedroom apartment (900 SF)
3rd Floor: 3 Bedroom apartment (900 SF)
Note: - The 2nd Floor Apartment is vacant and the Kitchen & Bath has been removed and you will need to put in kitchen and bath.
Building needs some TLC
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Location
- City Brooklyn, NY
- Neighborhood East New York
- Zip Code 11207
- Market Brooklyn
Points of Interest
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Van Siclen Avenue
0.11 miles
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New Lots Avenue
0.27 miles
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Pennsylvania Avenue
0.35 miles
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Van Siclen Avenue
0.60 miles
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Livonia Avenue
0.66 miles
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New Lots Avenue
0.70 miles
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Junius Street
0.76 miles
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Shepherd Avenue
0.78 miles
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Sutter Avenue
0.82 miles
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Liberty Avenue
0.83 miles
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Allegiance
1.05 miles
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BP
1.06 miles
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BP
1.14 miles
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BP
1.38 miles
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BP
1.44 miles
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Getty
1.59 miles
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BP
1.70 miles
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Gulf
1.95 miles
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Speedway
2.01 miles
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Hess
2.11 miles
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Havens Place Lot
1.19 miles
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Canarsie Pier
2.47 miles
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Stop & Shop Parking
2.59 miles
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Kings County Parking Garage
2.82 miles
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JFK Long Term Parking Area C
3.12 miles
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MMP Parking LLC
3.19 miles
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Pathmark
3.22 miles
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JFK Long Term Parking Area B
3.31 miles
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JFK Long Term Parking Area A
3.31 miles
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JFK Airport Employee Parking
3.46 miles
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Lexington Inn - Brooklyn NY
1.14 miles
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Surface Inn
1.16 miles
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hull
1.46 miles
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Neptune Hotel
2.30 miles
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Travelodge
2.35 miles
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Red Carpet Inn
2.35 miles
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casa reservada para vacaciones
2.41 miles
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CrossBay Motor Inn
2.43 miles
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Surfside Motel
2.84 miles
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Best Western
3.33 miles
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Associated Supermarket
1.08 miles
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Raymour & Flanigan
1.10 miles
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Burlington
1.10 miles
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JCPenney
1.11 miles
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TJ Maxx
1.11 miles
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Key Food
1.11 miles
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Bravo
1.12 miles
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ALDI
1.15 miles
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Marshalls
1.19 miles
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ShopRite
1.20 miles
In-Depth Research Available for this Property
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.
Contact Listing Broker
Victor Weinberger
REMAX TEAM
CCS
(917) 806-7040