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207 Avenue M
Brooklyn, NY 11230
207 Avenue M · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- 21' Frontage | Great Signage Opportunity
- Fully Leased Building: 5 Residential / 1 Commercial
- Surrounded by Major Businesses
- Prime Midwood Location
- Located in a High-Traffic Area
- Close to Public Transportation
EXECUTIVE SUMMARY
A rare opportunity in the heart of Midwood, 207 Ave M offers a fully leased mixed-use building with exceptional exposure and steady income in one of Brooklyn’s most active corridors. Featuring 21 feet of frontage and prominent signage potential, the property benefits from continuous foot and vehicle traffic, supported by a dense commercial landscape and proximity to major retailers and services.
The building consists of one commercial unit and five residential apartments, all occupied, providing reliable cash flow in a high-demand rental market. Its prime location ensures unmatched convenience, with public transportation just steps away and a vibrant mix of neighborhood businesses surrounding the property. This offering presents an ideal acquisition for both investors seeking stability and buyers looking to secure a well-positioned asset in a thriving Brooklyn community.
The building consists of one commercial unit and five residential apartments, all occupied, providing reliable cash flow in a high-demand rental market. Its prime location ensures unmatched convenience, with public transportation just steps away and a vibrant mix of neighborhood businesses surrounding the property. This offering presents an ideal acquisition for both investors seeking stability and buyers looking to secure a well-positioned asset in a thriving Brooklyn community.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,140 SF
Building Class
C
Year Built
1931
Price
$2,895,753 CAD
Price Per SF
$699.46 CAD
Cap Rate
6.04%
NOI
$174,932 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.90
Lot Size
0.05 AC
Zoning
R6A
PROPERTY TAXES
| Parcel Number | 06538-0052 | Improvements Assessment | $574,599 CAD |
| Land Assessment | $11,218 CAD | Total Assessment | $585,817 CAD |
PROPERTY TAXES
Parcel Number
06538-0052
Land Assessment
$11,218 CAD
Improvements Assessment
$574,599 CAD
Total Assessment
$585,817 CAD
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