Brooklyn, NY 11208,482 Chestnut ST
$1,775,000
Est. payment /mo
$1,900,000
6.6%
Est.Price: ?

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SOLD DATE : 05/09/2024

Key Details

Sold Price $1,775,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6281988

Sold Date 05/09/24

Originating Board onekey

Rental Info No

Year Built 1925

Property Description

The subject offering is an 5,560 SF mixed-use building located on the corner of Pitkin Avenue and Chestnut Avenue in Brooklyn's East NY neighborhood. The property is located 2 blocks away from the entrance to the subway, and it is the incredibly rare opportunity to acquire a corner property in one of Brooklyn's desirable neighborhoods. The offering consists of one ground floor retail unit. As well as an integrated garage for convenience. Building was completely gut renovated two years ago along with a new roof, new heating and electric. Above are five 3 bedroom residential units fully occupied and 100% on rental collections. Below, is a versatile basement event space. This is a tremendous user/residential repositioning opportunity in an area that has seen nothing but incredible growth.

Location

State NY

County Brooklyn

Zoning R7A

Interior

Heating Natural Gas, Baseboard

Cooling Window Unit(s)

Fireplace N

Building

Water Public

Others

Special Listing Condition None

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Listed by EXIT Realty Private Client • 914-222-1000
Bought with EXIT Realty Private Client
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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