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321 East 2nd Street, Brooklyn, NY 11218

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For Sale

$2,500,000

12 beds • 6 baths • 7,560 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $330.69
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Handsome, diversified, fully-occupied, cash-flowing, mixed use building for sale on a bustling corner of Kensington, Brooklyn. Anchor tenant is a national chain that has been renting for almost 20 years and pays a substantial portion of utilities. 321 E 2nd St (aka 329 E. 2nd St) contains 6 rent-stabilized residential units (all 2BR/1BA) and 4 commercial units across 7,560 square feet of space.. Located one block from the Church Ave F/G, its reliable long-standing tenants enjoy access to countless retailers and amenities along Church Ave. There is room for growth on the commercial rents, especially with cosmetic improvements, affording a projected cap rate of 6% at asking price. Asking price $2,500,000 ($250,000 per unit). Seller is open to reasonable offers.
MLS# 11347151

Courtesy Of REALTY COLLECTIVE LLC

(718) 834-1440

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 321 East 2nd Street, Brooklyn, NY 11218

Home seller CENTURY 21 Homefront

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CENTURY 21 Homefront

(718) 252-6060
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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