355 New Lots Ave, Brooklyn, NY 11207

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Building Details:

• Year Built: 1930

• Number of Units: 5

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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- Joseph T. Hamdan, agent and Rofo Pro