700 Evergreen Ave
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700 Evergreen Ave
4,650 SF 100% Leased Retail Building Brooklyn, NY 11207 $2,000,000 ($430/SF)
Executive Summary
Welcome to your chance to own a lucrative piece of Brooklyn's dynamic real estate landscape! This impressive three-story mixed-use building boasts an expansive 4,650 square feet of space, strategically located in the heart of the vibrant Bushwick neighborhood. With an optimal blend of retail and residential spaces, this property offers versatility and potential for savvy investors.
Spanning approximately 1,550 square feet, the ground floor provides an ideal setting for a wide range of retail ventures. Whether it's a boutique shop, cozy café, trendy art gallery, or any other entrepreneurial endeavor, this space offers immense potential to tap into Bushwick's thriving commercial scene. Plus, with a basement area included, there's ample room for storage or additional functionality.
Ascend to the upper levels and discover two apartments on each floor, totaling four units. Each spacious apartment comprises 770 square feet and features two inviting bedrooms, a comfortable living room, a bathroom, and kitchen.
This property doesn't just offer space; it comes with convenience built-in. Boasting a two-car garage, parking headaches are a thing of the past. Additionally, the proximity to multiple subway lines, including the J, Z, L, and M trains, ensures easy accessibility for commuters and visitors alike, enhancing the appeal of this prime location.
The entire building will be delivered vacant, presenting an exciting blank canvas for your investment vision. Whether you're looking to maximize rental income, reimagine the retail space, or even explore conversion opportunities, the possibilities are endless.
Don't miss out on this rare chance to acquire a versatile mixed-use gem in one of Brooklyn's most sought-after neighborhoods. Seize the opportunity today and become part of Bushwick's dynamic landscape!
Spanning approximately 1,550 square feet, the ground floor provides an ideal setting for a wide range of retail ventures. Whether it's a boutique shop, cozy café, trendy art gallery, or any other entrepreneurial endeavor, this space offers immense potential to tap into Bushwick's thriving commercial scene. Plus, with a basement area included, there's ample room for storage or additional functionality.
Ascend to the upper levels and discover two apartments on each floor, totaling four units. Each spacious apartment comprises 770 square feet and features two inviting bedrooms, a comfortable living room, a bathroom, and kitchen.
This property doesn't just offer space; it comes with convenience built-in. Boasting a two-car garage, parking headaches are a thing of the past. Additionally, the proximity to multiple subway lines, including the J, Z, L, and M trains, ensures easy accessibility for commuters and visitors alike, enhancing the appeal of this prime location.
The entire building will be delivered vacant, presenting an exciting blank canvas for your investment vision. Whether you're looking to maximize rental income, reimagine the retail space, or even explore conversion opportunities, the possibilities are endless.
Don't miss out on this rare chance to acquire a versatile mixed-use gem in one of Brooklyn's most sought-after neighborhoods. Seize the opportunity today and become part of Bushwick's dynamic landscape!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,650 SF
Building Class
B
Year Built/Renovated
1912/2004
Price
$2,000,000
Price Per SF
$430
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.13
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
R6
Parking
2 Spaces (0.43 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (81)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03421-0034 | Improvements Assessment | $284,400 |
| Land Assessment | $111,150 | Total Assessment | $395,550 |
PROPERTY TAXES
Parcel Number
03421-0034
Land Assessment
$111,150
Improvements Assessment
$284,400
Total Assessment
$395,550
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Etan Hakimi -
Mitra Hakimi Realty Group, LLC
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700 Evergreen Ave
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