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29 101st Ave
Brooklyn, NY 11208
Retail Property For Sale
Investment Highlights
- The buildings are located in a highly accessible part of Brooklyn with excellent everyday consumer accessibility.
- There is room to improve rents, refresh tenancy, or modernize the commercial asset over time.
- Ideal for buyers looking for neighborhood retail with residential income.
- Can be purchased separately or as a package with 25 101st Avenue.
Executive Summary
Mixed-use building located at 25 101st Avenue in Brooklyn, offered for sale individually or as part of a package with the adjacent 29 101st Avenue. The property features a ground-floor commercial unit and one 2-bedroom residential apartment. Current rents are below market, presenting a clear value-add opportunity through lease-up and repositioning. Ideal for investors seeking stable in-place income with upside potential. Income/expense sheet is attached to the listing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,268 SF
Building Class
B
Year Built
1920
Price
$1,125,000
Price Per SF
$496.03
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.03 AC
Zoning
R5 - low-density residential zoning district in NYC (found in Brooklyn, Queens, Bronx, Staten Island) allowing for detached, semi-detached, and attached houses, as well as small-scale apartment buildings
Frontage
25’ on 101st Avenue
Property Taxes
| Parcel Number | 04185-0064 | Improvements Assessment | $39,060 |
| Land Assessment | $11,580 | Total Assessment | $50,640 |
Property Taxes
Parcel Number
04185-0064
Land Assessment
$11,580
Improvements Assessment
$39,060
Total Assessment
$50,640
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