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436 New Lots Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 436 New Lots Ave

$1,390,000
Active 6 days on market
MLS# 1070476

436 New Lots Ave

📍 Brooklyn, Brooklyn, NY 11207

—
Studio
3,960
Sqft
$351
Per sqft
1920
Year built
Land
Type

About this property

Prime Mixed-Use Investment Opportunity in Brooklyn. One store + 2 Apartments. Excellent opportunity to own a well-maintained mixed-use property in East New York, Brooklyn, featuring a ground-floor commercial space and two vacant residential apartments above. The ground floor and basement are currently occupied by an operating nail salon, generating $3,200 per month in rental income, with approximately 3 years remaining on the lease. The second floor features two separate vacant apartments: a front unit with 3 bedrooms and 1 full bathroom, and a rear unit with 2 bedrooms and 1 full bathroom. The property 20 x 101 ft lot, approximately 20 x 50 ft building dimensions, R6/C1-3 zoning, and low a
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Amenities & features

GROUND-FLOOR COMMERCIAL SPACEOPERATING NAIL SALONLOW ANNUAL PROPERTY TAXESR6/C1-3 ZONINGRESIDENTIAL FLEXIBILITYLONG-TERM INVESTMENT POTENTIAL

Key facts

Operating nail salon
R6/c1-3 zoning
2,015 sq ft lot

Property details

Property typeLand
Listing statusActive
Lot size2,015 sqft
Year built1920
Days on market6 days
MLS #1070476

Estimated monthly payment

Listing price$1,390,000
Down payment (20%)$278,000
Loan amount$1,112,000
Principal & interest (7%, 30yr)$7,398/mo
Property tax (est.)$1,351/mo
Home insurance (est.)$579/mo
Estimated total$9,328/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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