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702 Banner Ave
Brooklyn, NY 11235
702 Banner Ave · Multifamily Property For Sale
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3 Units
Executive Summary
Presenting a prime investment opportunity in the heart of Brighton Beach, 702 Banner Avenue is a well-positioned corner mixed-use building offering both immediate income potential and long-term value. The property spans approximately 3,040 square feet across three levels and sits on a 1,752 square foot lot. The lower and first floors are currently built out as a daycare facility, making this an ideal acquisition for an owner-operator in the childcare sector. The second floor features a spacious four-bedroom apartment, adding valuable residential income to the asset. This versatile property includes a private backyard and benefits from excellent accessibility, located just moments from the Belt Parkway and major public transportation options. Whether for continued use as a daycare or as a repositioning opportunity, this building is well-suited for both investors and end-users seeking a corner-lot asset in a growing neighborhood.
Property Facts
| Price Per Unit | $665,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,040 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Zoning | R6 | ||
| Price Per Unit | $665,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.04 AC |
| Building Size | 3,040 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R6 |
Property Taxes
| Parcel Number | 07264-0138 | Improvements Assessment | $314,550 |
| Land Assessment | $61,650 | Total Assessment | $376,200 |
Property Taxes
Parcel Number
07264-0138
Land Assessment
$61,650
Improvements Assessment
$314,550
Total Assessment
$376,200
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