355 New Lots Ave, Brooklyn, NY 11207

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Building Details:

• Year Built: 1930

• Number of Units: 5

355 New Lots Ave is amulti-family property located in Brooklyn, NY. The property currently has 1 multi-family space for lease and is marketed by CBC Corporate.

Coldwell Banker Reliable Commercial Division is pleased to offer 355 New Lots Avenue, located in the East New York section of Brooklyn for sale. This 5 unit, 4,283 square foot, mixed-use property also features a laundromat business on the lower level. The 1st floor includes an owner-occupied laundromat with 2,028 square feet of retail space while the 2nd and 3rd floors feature 4-one bedroom apartments with a combined 2,255 square feet of residential space. Financial projections: $423,240 in gross revenue, $285,406 in expenses, a net income of $137,834 and a 6.77% cap rate.

  • Available Spaces
Suite Space Type Pricing Size
--- Multi-Family Space For sale: $2,036,000
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- Gail T, agent and Rofo Pro