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1124 Remsen Ave

2,837 SF 100% Leased Retail Building Brooklyn, NY 11236 $1,199,000 ($423/SF)

Investment Highlights

  • This is close proximity to the L train at Rockaway Parkway; multiple bus lines; and easy access to The Belt Parkway.
  • Income producing property
  • Basement storage space
  • 1st floor office/retail space with residential apartments
  • Surface parking, and roll up security door, outdoor space

Executive Summary

Location, Location, Location! We are most pleased to present this incredible mixed use property in the heart of Canarsie. This property has been in the same family for decades and it is now for sale. The top floor consists of a spacious 4 bedroom unit, and additional 2 bedroom unit. The first floor has space for store/office. The property has been well maintained and mechanicals are updated. It also has a long private driveway. This is close proximity to the L train at Rockaway Parkway; multiple bus lines; and easy access to The Belt Parkway. This is an ideal property for investment purposes or wonderful place to call home.

Property Facts Under Contract

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,837 SF
Building Class
C
Year Built
1930
Price
$1,199,000
Price Per SF
$423
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.13 AC
Zoning
R4 - R4 districts allow all types of ­housing at a slightly higher density than permit­ted in R3-2 districts
Parking
2 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
25 FT on Remsen Avenue

Amenities

  • Courtyard
  • Fenced Lot
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Bank
Blink Fitness
Chase Bank
Ctown
Golden Krust
Capital One
Planet Fitness
Key Food
HSBC
Bank of America
  • Listing ID: 31227923

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 1124 Remsen Ave, Brooklyn, NY 11236

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