Corner Mixed-Use in Prime Crown Heights | For Sale

Description:

Investment Highlights
• Four story, three unit mixed-use turnkey corner building situated on the northeast corner of Classon Avenue & Pacific Street
• Measures approximately 21.92’ x 70’ on the ground floor and 21.92’ x 50’ on the upper three floors (4,620 SF)
• Keyless & remote entry intercom system for tenants and property owner, multiple hardwired cameras viewable remotely and the retail rollup gate is electronically operated
• There are 30 windows surrounding three sides of the residential portion of the building
• Located in the M-Crown rezoning district of Crown Heights with 2,000+ units coming up in the next 3 years in a half mile radius
• All apartments are equipped with high end appliances, central air (split units) & large outdoor spaces
• Substantial upside in the residential, retail rents per sq. ft. and the potential to reconfigure and add units
• Transportation: A, C & S (shuttle) trains & B48 bus just steps away, 4 & 5 trains a few blocks away
• An abundance of strong neighborhood retailers, including: Food Garden Market, Broccoli Farm, sushi bars, vegan restaurants, fitness centers, trendy shops and more

This property presents itself as an opportunity for an investor or an owner-user seeking to capitalize on a value-add corner property in a great location with tremendous growth.

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