Refine Search
Map
Sort by
$2,495,000
1027429 MLS
Property DescriptionPrime Mixed-Use Investment Opportunity in Brooklyn – High Upside PortfolioSeize the opportunity to acquire a versatile, high-income-producing mixed-use portfolio located at 167 Forbell Street (encompassing 17, 19, and 21 101st Avenue) in a rapidly developing pocket of Brooklyn. This multi-structure asset spans a total of 5,321 square feet, offering an exceptional blend of immediate cash flow, stable long-term tenancies, and monumental value-add potential. The property features two massive, identically configured residential layouts on the second and third floors, currently occupied on a month-to-month basis with no active leases—providing a rare, immediate operational runway to reposition the units to market rents of $3,000 per month each. The expansive first-floor commercial space at 167 Forbell Street features a prominent 22’ x 54’ layout with a high-traffic footprint, presenting a prime vacancy ready to be stabilized at a projected $6,500 per month. The accompanying 101st Avenue street-front commercial units offer excellent diversification. Units 17 and 21 feature corporate stability with active leases secured through October 31, 2028, while unit 19 sits vacant, allowing an investor to immediately place a tenant at a projected market rate of $2,500 per month.While the property currently operates at a conservative baseline, a savvy investor can execute a swift stabilization strategy to transition the asset into a high-yielding powerhouse, unlocking a projected 7.30% Pro Forma Cap Rate and a Net Operating Income (NOI) of $182,164.Location & HighlightsValue-Add & Immediate Rental Upside: Built-in growth via month-to-month residential tenancies and two vacant commercial spaces, allowing an investor to instantly boost cash flow without long structural delays.Significant Expense Reduction Potential: The building offers a clear path to slash operating expenses; an investor can easily install energy-efficient mini-split systems with heat pumps in the rental units and decommission the existing oil boiler, completely eliminating the $12,000 annual oil bill and shifting heating costs via submetering.Exceptional Connectivity: Strategically located steps away from major transit options, ensuring seamless commutes into Manhattan, Queens, and deeper Brooklyn for both residential and commercial occupants.High-Visibility Corner Footprint: Positioned with excellent street frontage along 101st Avenue and Forbell Street, guaranteeing maximum exposure, foot traffic, and signage opportunities for commercial tenants. Diverse Revenue Streams: The combination of residential apartments and multiple retail/office commercial spaces insulates the investor from vacancy risks and taps into two strong tenant demand pools. Functional Footprint: Includes robust accessory spaces, including dedicated basement office, storage, and utility areas that maximize the usability and efficiency of the commercial square footage.

167 Forbell Street, Brooklyn
$1,275,000
1024813 MLS
Welcome to 3446 Fulton Street, a solid brick mixed-use building perfectly positioned in vibrant Cypress Hills. Located directly on Fulton Street with constant foot traffic, nearby retail, and immediate access to buses, the J subway at Crescent Street and A subway at Grant Ave. This area is characterized by a mix of residential and commercial properties. This 3 story brick building located in a prime location makes it an ideal opportunity for investors or owner-occupants seeking a ready asset in a rapidly growing corridor. Features 3 residential units and a storefront with a total of 10 bedrooms, 3.5 baths. Finished basement. New boiler, new hot water and a new roof.

3446 Fulton Street, Brooklyn
$1,200,000
1011216 MLS
Exceptional mixed-use development opportunity in the heart of East New York on bustling Fulton Street. Situated in a C4-4L zoning district with EC-6 Enhanced Commercial Overlay, this property offers significant redevelopment potential in a rapidly growing commercial corridor. The site benefits from strong retail exposure, high pedestrian traffic, and convenient access to the J/Z subway lines. Existing and proposed zoning supports a broad range of commercial, residential, community facility, office, and mixed-use development possibilities. Plans previously filed for a six-story mixed-use building indicate the potential for approximately 7,853 square feet of development, including residential and commercial space. Ideal for developers, investors, and owner-users seeking a strategic location in one of Brooklyn's emerging growth corridors. Conveniently located near transportation, shopping, restaurants, schools, and neighborhood amenities. Buyers are encouraged to perform their own due diligence regarding zoning, FAR, development rights, and permitted uses.

2719 Fulton Street, Brooklyn
$400,000
1011225 MLS
Outstanding development opportunity in the rapidly evolving East New York section of Brooklyn. This strategically located property is situated within a C4-4L zoning district with an EC-6 Commercial Overlay, offering significant potential for mixed-use, residential, commercial, office, and community facility development, subject to applicable regulations and approvals. Conveniently located near Fulton Street retail corridors, public transportation, schools, parks, and neighborhood amenities. The property's unique configuration and zoning designation make it an attractive opportunity for developers, investors, and end users seeking to capitalize on Brooklyn's continued growth. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, floor area ratio (FAR), development rights, and all governmental requirements.

57 wyona Street, Brooklyn
$1,299,999
1008461 MLS
Well-maintained mixed-use building featuring 2 residential units plus a storefront with full basement access. Residential units are currently occupied, generating $3,548/month and $2,680/month in rental income, while the storefront is vacant and ready for an owner-user or new tenant. Updated apartments offer modern kitchens, stainless steel appliances, updated baths, hardwood floors, and excellent natural light. Ideal for investors or owner-occupants seeking multiple income streams. Conveniently located near shopping, dining, public transportation, parks, and major thoroughfares. Strong income potential and long-term upside in a growing Brooklyn location.

980 Sutter Avenue, Brooklyn
$1,588,000
998771 MLS
.

21-82 Pitkin Avenue, Brooklyn

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.