$1,250,000

296 Legion Street, Brooklyn, NY 11212

  • 2,800 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon1,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $446/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Prime opportunity for investors to acquire a semi-attached corner mixed-use property located in the heart of Brownsville, Brooklyn. The building features: • One ground-floor commercial unit, currently leased to a barbershop • Three residential apartments — two 2-bedroom units and one 3-bedroom unit, all fully occupied • Rear garage generating $700/month in additional income The property produces a gross annual income of approximately $127,020, offering consistent cash flow and strong upside potential through future rent increases. Situated on a visible corner with excellent foot and vehicle traffic, near shopping, schools, and public transportation. This property represents a turnkey, income-producing asset ideal for investors seeking stable returns and long-term appreciation in an emerging Brooklyn neighborhood.

Listing Status:
Active
Listing Office:
RE/MAX Edge : 718-288-3835
MLS ID:
925473
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Natural Gas
  • Originating MLS: onekey2
  • County: Kings (Brooklyn)
  • Zoning: 03567-0001
  • Utilities: See Remarks
  • Water: Other
  • Sewer: Other
  • Source: onekey2

This listing courtesy of RE/MAX Edge

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby