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101 Saratoga Ave
Brooklyn, NY 11233
Retail Property For Sale

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EXECUTIVE SUMMARY

A Legacy Investment....Rarely does a property like 651 Decatur Street come to market-a historic mixed-use gem that blends architectural grandeur with modern opportunity. Whether expanding your portfolio or securing your first investment, this 4,400 SF property is a true Brooklyn classic with three residential units, a prime commercial space, and three garages. At $2.495M, and monthly taxes of $1,288, this is an asset that delivers both character and cash flow, offering nearly a 9% ROI-a gift that keeps on giving.
Endless Potential. Each of the three residential units boasts sun-drenched interiors with east, west, and south exposures, hardwood floors, bay windows, and elegant kitchens and baths.

Unit 1: 1,100 SF, 2-Bed, 1-Bath, plus a 900 SF private terrace.
Unit 2: 1,100 SF, 2-Bed, 1-Bath with airy, open charm.
Unit 3: 1,100 SF, 1-Bed, 1-Bath with a wood-burning fireplace.
The commercial space at 101 Saratoga Avenue is a floor-through, 1,100 SF storefront with 11-foot ceilings, a bathroom, and basement storage. Situated on a prime corner lot, this space commands high visibility and steady foot traffic, making it a perfect canvas for a restaurant, retail, or office space. At 653 Decatur Street, three rare, highly-coveted garages offer secure private parking or additional rental income in a neighborhood where street parking is a luxury.
Prime Location, Maximum Visibility. Nestled on a picturesque, tree-lined block, 651 Decatur Street sits at the intersection of Bedford-Stuyvesant and Bushwick, offering the best of both worlds. The property's corner location provides excellent frontage and visibility for the commercial space, benefiting from steady pedestrian traffic. Nearby, you''''ll find beloved local restaurants, charming cafs, and boutique shops, along with easy access to major transit options connecting you to the rest of Brooklyn and beyond.
A rare blend of history, income potential, and unbeatable value-this is the opportunity you've been waiting for. Find Your Sweet Spot.
1st Floor and Store Front Floor Plan Not Provided but each space is 1,100SF.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,400 SF
Building Class
C
Year Built
1908
Price
$2,495,000
Price Per SF
$567.05
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.73
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
R6 Brooklyn (S3)
Frontage
80’ on Saratoga Ave.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01502-0001
Land Assessment
$120,600
Improvements Assessment
$296,550
Total Assessment
$417,150
  • Listing ID: 34964584

  • Date on Market: 2/27/2025

  • Last Updated:

  • Address: 101 Saratoga Ave, Brooklyn, NY 11233

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