22
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$2,600,000
Est. payment /mo
5,600 SqFt
New
97 Quentin RD Brooklyn, NY 11223
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $464
MLS Listing ID 504865
Year Built 1926
Annual Tax Amount $28,918
Property Sub-Type Mixed Use
Property Description
Rare-find oversized corner mixed-use investment property featuring 2 commercial stores and 5 residential apartments, none rent stabilized, ideally positioned at the intersection of Quentin Road and West 10th Street, where the Kings Highway and Quentin Road commercial corridors meet.
The first floor features a long-established laundromat, a convenience store, and a rear 2-bedroom apartment. The second floor consists of one 3-bedroom and one 2-bedroom apartment, while the third floor offers two additional 2-bedroom apartments. Residential units feature separate living rooms and eat-in kitchens.
The property generates approximately $170,000 in annual income with approximately $120,000 NOI, plus an estimated $40,000 in potential additional rental income.
The building measures approximately 20' × 100' on the first floor and 20' × 90' on the second and third floors, totaling approximately 5,600 SF plus a full basement.
Prime corner location with excellent visibility and exposure along the Kings Highway commercial corridor. C2-3/R7A zoning offers additional long-term development potential, subject to independent verification.
An exceptional opportunity for investors seeking multiple income streams, strong existing cash flow, rental upside, and future development potential in a prime Brooklyn commercial location.
The first floor features a long-established laundromat, a convenience store, and a rear 2-bedroom apartment. The second floor consists of one 3-bedroom and one 2-bedroom apartment, while the third floor offers two additional 2-bedroom apartments. Residential units feature separate living rooms and eat-in kitchens.
The property generates approximately $170,000 in annual income with approximately $120,000 NOI, plus an estimated $40,000 in potential additional rental income.
The building measures approximately 20' × 100' on the first floor and 20' × 90' on the second and third floors, totaling approximately 5,600 SF plus a full basement.
Prime corner location with excellent visibility and exposure along the Kings Highway commercial corridor. C2-3/R7A zoning offers additional long-term development potential, subject to independent verification.
An exceptional opportunity for investors seeking multiple income streams, strong existing cash flow, rental upside, and future development potential in a prime Brooklyn commercial location.
Location
State NY
County Kings (brooklyn)
Area Gravesend
Zoning C2-3/R7A
Rooms
Basement Full, Separate Entrance
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
Nearby Locations
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