421 New Lots Ave, Brooklyn, New York 11207


Listed By CENTURY 21 STANDARD REAL ESTATE
The Commercial Property for Sale located at Brooklyn, New York 11207 is currently for sale. Brooklyn, New York 11207 is listed for $799,999. If the property located at Brooklyn, New York 11207 isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Brooklyn .
Date Updated : Jun 10, 2025
MLS#: 2502649
$799,999 USD
- Minimum sellable space
265 m² (2,856 ft²)
Property features
Construction details
- Year built: 1930
Area
- Property size:
265 m² (2,856 ft²) - Land/Lot size:
191 m² (2,052 ft²)
Description
Full brick 3 unit mixed use building located in the rapidly developing neighborhood of East New York. This building offers an affordable opportunity for a new or seasoned investor. Situated on a high-visibility street with strong foot traffic and easy access to public transportation, the property features a 2nd floor two bedroom apartment and a one bedroom apartment. 1st floor features over 1400 Sq feet retail space (Currently occupied by a thriving nail salon). Full unfinished basement can be used for storage and houses the building's utilities. The building offers stable income and significant upside potential in an area poised for continued growth and revitalization. Just minutes from the Gateway Center Mall, major highways, and several transit options, this property sits in a strategic location within one of Brooklyn's most active commercial corridors.
Location
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