$1,600,000

9623 Avenue M, Brooklyn NY, 11236

Property typeCommercial

Overview

Active

Updated 11 days ago

Prime Canarsie - Rockaway Parkway & Avenue M Detached Brick Mixed-Use Building | 3-Family + Storefront | 1 apt. Delivered Vacant Exceptional investment opportunity in a high-visibility Rockaway Parkway location! This detached brick mixed-use property offers a 3-family plus a commercial storefront, one apartment delivered vacant ALL others have no leases-perfect for owners, users, or investors seeking strong returns. Storefront / Commercial Space Corner exposure with huge signage potential on Rockaway Parkway Approx. 20 ft front exposure with enclosed front yard Private 1/2 bath currently a hair salon High ceilings, separate entrance & separate water meter Ideal for retail, salon, office, medical, boutique, and many other uses Residential Units Two apartments, each 1-bedroom (can be used as 2-bedrooms) with private entrances Rear first-floor apartment: true 2-bedroom with large enclosed private backyard All units vacant-set your own rents! Basement Fully Two separate entrances Full bathroom Perfect for storage or additional accessory space Property Details Lot: 30.5 x 100 Building: 20 x 51 Unused FAR: 1,006 sq ft for potential expansion Real Estate Taxes: only $7,544/year New boiler and multiple upgrades Excellent CAP rate Additional Purchase Opportunity Can also be purchased together with 9617 Avenue M Lot: 25.75 x 100 (2,400 sq ft) Combined lot size: 5,450 sq ft (3,050 + 2,400) Location Highlights In front of Express Bus to Manhattan & Downtown Brooklyn Across from shopping center & restaurants Near Rockaway Pier, Belt Parkway, parks & recreation Strong neighborhood foot traffic

Other Property Details

Taxes: $7,566
Tax Frequency: Annually

Courtesy of BROOKLYN REAL PROPERTY INC with ,
Listing Contact:

Based on information from State Listings, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor American Pride Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.