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  2. 248 Avenue P
  • 248 Avenue P
  • $ 1,598,000
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204

248 Avenue P

Gravesend   |   West 5th St & West 6th St

Building For Sale
$ 1,598,000
Ownership Mixed Use
Lot Size 30'x54'
Status Active
Real Estate Taxes [Per Annum] $ 37,000
Building Size 30'x49'
Year Built 1935
ASF/ASM 4,522/420
 

Photos

248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
248 Avenue P Gravesend Brooklyn NY 11204

Property Description

Welcome to this exceptional mixed-use property, offering a versatile combination of medical and residential spaces across three levels. This brick construction corner property has a built-in garage and handicap platform elevator for 2 separate medical offices. Street Level has a busy podiatrist office, in business for the past 16 years, including an office space with five exam rooms,1.5 baths, a reception area, utilities room and storage. The first floor of this property features a recently renovated and currently vacant doctor's office, boasting a spacious layout designed to accommodate any medical practice needs. This well-appointed space includes five exam rooms, alongside convenient amenities such as 1.5 baths, a spacious reception area, kitchen and ample built-in storage space in the attic. On the top floor, you'll discover a huge three-bedroom one-bathroom residential unit, providing immediate rental income, making it an attractive option for investors seeking to diversify their portfolio with residential real estate. The building was completely rebuilt with a new certificate of occupancy in 2005. Within the past 2 years the following house improvements were done: installation of new roof, new sewer and water main line, masonry stone porches and iron rod fence. Separate utilities with separate meters for gas and electric for all 3 units make it more profitable for the owner. Projected net income almost 100K a year that makes it almost 7% cap!
Welcome to this exceptional mixed-use property, offering a versatile combination of medical and residential spaces across three levels. This brick construction corner property has a built-in garage and handicap platform elevator for 2 separate medical offices. Street Level has a busy podiatrist office, in business for the past 16 years, including an office space with five exam rooms,1.5 baths, a reception area, utilities room and storage. The first floor of this property features a recently renovated and currently vacant doctor's office, boasting a spacious layout designed to accommodate any medical practice needs. This well-appointed space includes five exam rooms, alongside convenient amenities such as 1.5 baths, a spacious reception area, kitchen and ample built-in storage space in the attic. On the top floor, you'll discover a huge three-bedroom one-bathroom residential unit, providing immediate rental income, making it an attractive option for investors seeking to diversify their portfolio with residential real estate. The building was completely rebuilt with a new certificate of occupancy in 2005. Within the past 2 years the following house improvements were done: installation of new roof, new sewer and water main line, masonry stone porches and iron rod fence. Separate utilities with separate meters for gas and electric for all 3 units make it more profitable for the owner. Projected net income almost 100K a year that makes it almost 7% cap!

Listing Courtesy of RE/MAX Edge

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
248 Avenue P Gravesend Brooklyn NY 11204
248 Avenue P Gravesend Brooklyn NY 11204

Building Details [248 Avenue P]

Ownership Mixed Use
Block/Lot 6626/10
Building Size 30'x49'
Zoning R5B
Year Built 1935
Floors 2
Lot Size 30'x54'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 480732