97 Avenue S, Brooklyn, NY, 11223

Address

97 Avenue S, Brooklyn, NY

Listing Type

Mixed Use

Price

$ 1,799,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#488633
TypeMixed Use
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodGravesend
Zip11223
StyleMixed Use
Year Built1928
Taxes$ 30798
Price$ 1,799,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage4500
Lot Size0.039945 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

Rare-find corner mixed-use brick building featuring 2 commercial spaces and 4 residential units, ideally situated in a prime and highly desirable neighborhood. The first floor includes a front grocery store with access to half of the basement containing all meters, a middle office, and a rear 1-bedroom apartment. The second floor offers a spacious 4-bedroom apartment, while the third floor consists of two well-proportioned 2-bedroom apartments. A separate entrance provides access to the remaining half of the basement. The building measures 20x87 ft on the first floor and 20x69 ft on the second and third floors, sitting on a 20x87 ft lot. Rent roll available upon request. An excellent investment opportunity—won’t last!

Price History
1/16/2025	Listed $1,899,000
8/21/2025	6$1,799,000

General Features

Net Operating Income	43627.00
Roof	Flat
Zoning	R5B
Electric	110 V,220 V,Circuit Breakers
Stories Count	3
Property Type	Mixed Use
Block	6671
Cap Rate	0.02
Lot Number	50
Yearly Taxes	30798.00
Transaction Type	Sale
Insurance Expense	7739.00
Utility Expense	500.00
Gross Expense	44693.00
Financing	1031 Exchange,Bank Mortgage,Cash
Building Type	Semi-Detached
Gross Income	88320
Status	Active
Fuel Expense	3000.00
Construction Materials	Brick
Cumulative Days on Market	608
MLS Area	Gravesend
Sub Type	Mixed Use
Year Built	1928
City	Brooklyn
Borough	Brooklyn
Number Of Stores	2
DOM	608
Sale Type	Arm's Length
# Families	4
Public Remarks	Rare-find corner mixed-use brick building featuring 2 commercial spaces and 4 residential units,ideally situated in a prime and highly desirable neighborhood. The first floor includes a front grocery

Interior Features

Heating Fuel	Gas
Flooring	Hardwood,Laminate,Tile
Hot Water	Gas
Sq Ft Total	4500
Lavatories	None
Basement Amenities	Full,Semi-Finished,Separate Entrance
Commercial Features Exterior	None
Commercial Features Interior	None

Exterior Features

Exterior	Brick
Yard	None
Foundation	Poured Concrete
Lot Sq Ft	1740
Loading Docks	None
Building Length	87.00
Building Width	20.00
Property Panorama YN	Yes
Lot Size Length	87
Lot Size Width	20
Parking Attrib	None