1670 17, Brooklyn, 11229

Commercial - Commercial For Sale

$8,000,000

Beds
Baths
7,270Sqft
1925Built
20DOM
MLS® #: 436625
Active, 20 Days on Market

This is a meticulously maintained, completely updated 12-unit commercial brick building totaling 7,270 SF. The 1st Floor has two Retail Storefronts + the basement used by commercial tenant for storage, and 10 office spaces throughout the rest of this three-story building. This is a well-managed building with a brand new elevator and new boiler. The property is located just off the busy commercial avenue of Kings Highway in Prime Midwood near all the public transportation, shopping, schools, parks, restaurants and places of worship. There are 3 tenants left with the longest lease ending on April 30, 2021. Owner has vacated the upper part of the building. Excellent R7A Zoning. This property comes with significant rental upside as well as development opportunities. It is an excellent choice for the owner-user, developer, school or savvy investor. Call us today!

Essential Information

MLS® #: 436625
Price: $8,000,000
Bathrooms: 0.00
Square Footage: 7,270
Year Built: 1925
Type: Commercial
Sub-Type: Commercial
Status: Active

Community Information

Address: 1670 17
Area: Midwood
City: Brooklyn
County: Kings (Brooklyn)
State: New York
Zip Code: 11229

Interior

Interior Features: Restrooms - Public, Elevator – Passenger, Handicap Design, Lobby – Controlled Entry
Basement: Other
# of Stories: 3

Exterior

Exterior Features: Other
Lot Description: 73.83 ft x 119.42 ft
Roof: Other
Construction: Other
Foundation: Other

Additional Information

Date Listed: February 21st, 2020
Days on Market: 20
Zoning: R7A, C4-4A

Financials

$/SqFt: $1,100

Listing courtesy of Century 21 MK Realty

© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tom Crimmins REALTY, Ltd..Data last updated: April 1st, 2020 at 1:45am EDT