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2579 Cropsey Ave 3,665 SF 100% Leased Retail Building Brooklyn, NY 11214 $2,205,000 ($601.64/SF)



Investment Highlights
- Prime Mixed-Use Corner Property with 2 Residential Units and 2 Turnkey Businesses in Bklyn, NY – Exceptional Investment Opportunity!!!!
Executive Summary
Combined purchase of real estate and businesses available for $3,000,000 or business sold separately for $795,000
Prime Mixed-Use Corner Property with 2 thriving food businesses. Exceptional Investment or Owner/Operator Opportunity
offering approximately 3,665 square feet of building space in a highly desirable location, known for its outstanding visibility,
strong foot traffic, and excellent accessibility. This well-maintained property features two established food service businesses, including a successful restaurant / gourmet pizzeria and a well-known Italian ice shop, creating strong street presence
and consistent neighborhood activity. The businesses benefit from excellent corner exposure, making this a highly attractive destination for customers and passersby. Above the retail level are two residential apartments, providing excellent supplemental rental income. One unit features 2 spacious bedrooms, while the second apartment offers 3 bedrooms, an updated kitchen, hardwood floors, and access to a large private terrace. Additional highlights include a private driveway, a rare and valuable feature in this area, and a tremendous unfinished basement that offers extensive storage capacity or potential for future expansion or customization. This property presents an outstanding opportunity for investors or owner-operators seeking strong rental income, business continuity, and long-term appreciation. This turnkey opportunity represents a rare chance to acquire both income-producing commercial businesses and valuable mixed-use real estate in one transaction. The combination of consistent cash flow, prime corner positioning, and property ownership creates multiple avenues for growth and long-term value. The current owner is retiring, presenting an ideal opportunity for an experienced restaurateur or investor to continue with long term success. This exceptional opportunity combines a successful 33-year-old restaurant/gourmet pizzeria and a popular Italian ice store with valuable commercial real estate. All major mechanicals less than 10 years Roof, Steam Heating System, Plumbing System, Electrical System, and A/C was just done. Real Estate will only be sold as a package deal with businesses. If interested in business only, contact broker for financials and additional details. Must Sign NDA.
Prime Mixed-Use Corner Property with 2 thriving food businesses. Exceptional Investment or Owner/Operator Opportunity
offering approximately 3,665 square feet of building space in a highly desirable location, known for its outstanding visibility,
strong foot traffic, and excellent accessibility. This well-maintained property features two established food service businesses, including a successful restaurant / gourmet pizzeria and a well-known Italian ice shop, creating strong street presence
and consistent neighborhood activity. The businesses benefit from excellent corner exposure, making this a highly attractive destination for customers and passersby. Above the retail level are two residential apartments, providing excellent supplemental rental income. One unit features 2 spacious bedrooms, while the second apartment offers 3 bedrooms, an updated kitchen, hardwood floors, and access to a large private terrace. Additional highlights include a private driveway, a rare and valuable feature in this area, and a tremendous unfinished basement that offers extensive storage capacity or potential for future expansion or customization. This property presents an outstanding opportunity for investors or owner-operators seeking strong rental income, business continuity, and long-term appreciation. This turnkey opportunity represents a rare chance to acquire both income-producing commercial businesses and valuable mixed-use real estate in one transaction. The combination of consistent cash flow, prime corner positioning, and property ownership creates multiple avenues for growth and long-term value. The current owner is retiring, presenting an ideal opportunity for an experienced restaurateur or investor to continue with long term success. This exceptional opportunity combines a successful 33-year-old restaurant/gourmet pizzeria and a popular Italian ice store with valuable commercial real estate. All major mechanicals less than 10 years Roof, Steam Heating System, Plumbing System, Electrical System, and A/C was just done. Real Estate will only be sold as a package deal with businesses. If interested in business only, contact broker for financials and additional details. Must Sign NDA.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,665 SF
Building Class
C
Year Built/Renovated
1931/2025
Price
$2,205,000
Price Per SF
$601.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
R5 - R5 zoning.
Amenities
- Corner Lot
- Restaurant
- Security System
- Signage
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06909-0001 | Improvements Assessment | $235,800 |
| Land Assessment | $32,850 | Total Assessment | $268,650 |
Property Taxes
Parcel Number
06909-0001
Land Assessment
$32,850
Improvements Assessment
$235,800
Total Assessment
$268,650
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