- For Sale $939,000
- Property Type Mixed Use
- Property Size 2,700 SF
- Units 2
- Lot Size 988 SF
- # of Floors 3
- Average Floor Size 900 SF
- Building Class D
- Year Built 1910
- Date Updated Jul 13, 2023
- Construction Type Brick
- Website youtu.be
For Sale: 559 New Lots Ave, Brooklyn, NY, 11207 (East New York)
Corner Van Siclen Avenue Mixed use 2 Family Brick with a store.
Only 1 Block to the Livonia Ave/Van Siclen Avenue Stop.
Property video: https://youtu.be/BxFcbm0sF08
Plenty of potential to increase the value of the building and increase its cash flow. Building has No Leases. Projected Net Rent: $50,000 per year. Ideal User/Investor opportunity.
Income ($42,000 Net excluding 1 vacancy.) Market rent for Vacant is $2,500 per month)
Priced to sell at $939,000
Low taxes: $4,334 (tax Class 1)
1st floor: 900 SF store with full Basement.
2nd Floor: 3 Bedroom apartment (900 SF)
3rd Floor: 3 Bedroom apartment (900 SF)
Note: - The 2nd Floor Apartment is vacant and the Kitchen & Bath has been removed and you will need to put in kitchen and bath.
Building needs some TLC
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
82/100 Very Walkable -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
76/100 Very Bikeable
- City Brooklyn, NY
- Neighborhood East New York
- Zip Code 11207
- Market Brooklyn
Points of Interest
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Van Siclen Avenue
0.11 miles
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New Lots Avenue
0.27 miles
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Pennsylvania Avenue
0.35 miles
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Van Siclen Avenue
0.60 miles
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Livonia Avenue
0.66 miles
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New Lots Avenue
0.70 miles
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Junius Street
0.76 miles
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Shepherd Avenue
0.78 miles
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Sutter Avenue
0.82 miles
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Liberty Avenue
0.83 miles
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Allegiance
1.05 miles
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BP
1.06 miles
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BP
1.14 miles
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BP
1.38 miles
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BP
1.44 miles
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Getty
1.59 miles
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BP
1.70 miles
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Gulf
1.95 miles
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Speedway
2.01 miles
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Hess
2.11 miles
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Havens Place Lot
1.19 miles
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Canarsie Pier
2.47 miles
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Stop & Shop Parking
2.59 miles
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Kings County Parking Garage
2.82 miles
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JFK Long Term Parking Area C
3.12 miles
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MMP Parking LLC
3.19 miles
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Pathmark
3.22 miles
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JFK Long Term Parking Area B
3.31 miles
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JFK Long Term Parking Area A
3.31 miles
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JFK Airport Employee Parking
3.46 miles
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Lexington Inn - Brooklyn NY
1.14 miles
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Surface Inn
1.16 miles
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hull
1.46 miles
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Neptune Hotel
2.30 miles
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Travelodge
2.35 miles
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Red Carpet Inn
2.35 miles
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casa reservada para vacaciones
2.41 miles
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CrossBay Motor Inn
2.43 miles
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Surfside Motel
2.84 miles
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Best Western
3.33 miles
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Burger King
0.41 miles
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Checkers
0.42 miles
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Denny's
0.44 miles
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McDonald's
0.45 miles
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McDonald's
0.84 miles
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J&D Pizza & Restaurant
0.85 miles
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Dunkin'
0.90 miles
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Kennedy's Fried Chicken
0.97 miles
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Applebee's
1.05 miles
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Chinese Food
1.07 miles
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Public School Number 213 Annex
0.25 miles
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Public School 13
0.28 miles
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P.S. 213
0.32 miles
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J.H.S. 166 George Gershwin
0.34 miles
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PS 149 Annex
0.45 miles
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Brooklyn Gardens Elementary School
0.51 miles
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UFT Elementary Charter School
0.57 miles
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Public School 328
0.59 miles
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Junior High School 64
0.60 miles
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Intermediate School 292
0.60 miles
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St. Martin's Nursery & Kindergarten School
0.06 miles
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Audrey Johnson Day Care Center
1.95 miles
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Brooklyn Kids Academy
2.32 miles
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Little Einstein's Daycare
3.04 miles
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Little Sun People
3.25 miles
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Garden of Learning
3.27 miles
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Elite Early Childhood Learning Center
3.32 miles
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Park Place Day Care
3.33 miles
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Kiddie Science
3.44 miles
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Lefferts Gardens Montessori
3.44 miles
Frequently Asked Questions
What is the lease rate for 559 New Lots Ave?
Rental asking rate at 559 New Lots Ave is $469,500.00/YR.
What is the total square footage of 559 New Lots Ave?
559 New Lots Ave totals 2,700 square feet.
When was this property built?
559 New Lots Ave was built in 1910.
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