436 New Lots Avenue, Brooklyn, NY 11207
Local realty services provided by:ERA Insite Realty Services
436 New Lots Avenue,Brooklyn, NY 11207
$1,390,000
- - Beds
- - Baths
- 3,960 sq. ft.
- Multi-family
- Active
Listed by: sophia x. yao
Office: chase global realty corp
MLS#:1070476
Source:OneKey MLS
Price summary
- Price:$1,390,000
- Price per sq. ft.:$351.01
About this home
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 annual property taxes of approximately $5,600.
With a projected investment return of approximately 6.5%, this property offers excellent potential for investors and owner-users alike. Enjoy existing commercial rental income while exploring additional residential rental opportunities.
A rare opportunity to combine commercial income, residential flexibility, and long-term investment potential in Brooklyn!...
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Home facts
- Year built:1920
- Listing ID #:1070476
- Added:8 day(s) ago
- Updated:November 13, 2026 at 12:59 PM
Rooms and interior
- Basement:Yes
- Basement Description:Full
- Living area:3,960 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1920
- Building area:3,960 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
Schools
- High school:East Ny Family Academy
- Middle school:Van Siclen Community Middle School
- Elementary school:Ps 13 Roberto Clemente
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,390,000
- Price per sq. ft.:$351.01
- Tax amount:$5,600 (2026)
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