Commercial Real Estate in Howard Beach available for sale
Howard Beach 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 10 kilometers of Howard Beach, NY, USA

More details for 496 Putnam Ave, Brooklyn, NY - Multifamily for Sale

496 Putnam Ave

Brooklyn, NY 11221

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,145,180 CAD
  • 16,000 SF
  • Air Conditioning

Brooklyn Multifamily for Sale - North Brooklyn

This offering presents a prime opportunity to acquire 496 Putnam Avenue, a 16-unit, rent-stabilized multifamily property in the heart of Bedford-Stuyvesant, Brooklyn. Owned and operated by the same family for over 20 years, the building offers investors a well-maintained asset with proven cash flow and long-term upside. The property features a balanced unit mix of (8) one-bedroom apartments and (8) studio units, all rent-stabilized and fully occupied. Current gross rental income is approximately $259,907.64 annually, with steady NOI and significant future appreciation potential as rents gradually increase under NYC Rent Guidelines Board adjustments. Located on a tree-lined block in one of Brooklyn’s most dynamic and desirable neighborhoods, 496 Putnam Avenue benefits from consistent tenant demand, strong neighborhood fundamentals, and excellent access to transportation, retail, and lifestyle amenities. This is a prime opportunity for investors seeking stable cash flow, tax-protected rent regulation, and long-term appreciation in one of New York City’s most sought-after multifamily markets. Investment highlights 496 Putnam Avenue — Bedford-Stuyvesant, Brooklyn Asking Price: $2,299,999 Cap Rate: 6.78% Owned and cared for by the same owner for over two decades, this four-story limestone property delivers stable income, consistent tenancy, and long-term operational reliability. Located at the corner of Putnam Avenue and Throop Avenue, the building sits within one of Brooklyn’s most established and high-demand rental corridors, surrounded by neighborhood amenities, transportation options, and steady renter interest. Property Overview 16 Total Units – 8 Studios (North-Facing) – 8 One-Bedrooms (South-Facing) Four-story limestone façade 100% Occupancy Rent-stabilized building Units updated and renovated upon turnover Reliable building layout with strong natural light throughout Corner property providing dual street exposure Income Summary Gross Monthly Rent: $21,658.97 Annual Gross Income: $259,907.64 Operating Expenses Con Edison: $1,100 National Grid (Gas/Heating): $7,800 Water/Sewer: $11,000 Real Estate Taxes: $64,486 Insurance: $13,503 Maintenance: $6,000 Total Annual Expenses: $103,889 Financial Performance Net Operating Income (NOI): $156,018.64 Cap Rate (at $2,299,999): 6.78% Investment Highlights Strong 6.78%+ cap rate in a highly sought-after Brooklyn submarket Fully occupied, fully rent-stabilized, turnkey cash-flowing asset Long-term ownership with a proven track record of maintenance Consistent unit renovations completed as vacancies occur Healthy mix of studios and one-bedrooms, ideal for long-term tenant retention Stable, predictable income stream with low volatility Located in a prime Bedford-Stuyvesant residential pocket near transportation, retail, and dining Ideal for investors seeking steady yield, long-term appreciation, and secure tenancy

Contact:

The Corcoran Group - Brooklyn LLC

Property Subtype:

Apartment

Date on Market:

2025-12-25

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More details for 1501 Broadway, Brooklyn, NY - Multifamily for Sale

1501 Broadway

Brooklyn, NY 11221

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,548,585 CAD
  • 7,625 SF
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More details for 18413 140th Ave, Springfield Gardens, NY - Multifamily for Sale

Mixed Use High Income - 18413 140th Ave

Springfield Gardens, NY 11413

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,422,169 CAD
  • 1,816 SF
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More details for 1538 Gates Ave, Brooklyn, NY - Multifamily for Sale

1538 Gates Ave

Brooklyn, NY 11237

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,186,585 CAD
  • 3,750 SF
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More details for 3225 Fulton St, Brooklyn, NY - Multifamily for Sale

3225 Fulton St

Brooklyn, NY 11208

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,444,278 CAD
  • 4,992 SF

Brooklyn Multifamily for Sale - North Brooklyn

3225 FULTON STREET, BROOKLYN, NY 11208 PRIME MIXED-USE INVESTMENT PROPERTY | FULLY OCCUPIED | STRONG CASH FLOW PROPERTY OVERVIEW Exceptional income-producing mixed-use building located along one of Brooklyn’s most vibrant and active commercial corridors — Fulton Street. This property features (4) spacious two-bedroom apartments and (2) ground-floor retail stores, offering investors a well-balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price: $3,250,000 Current Monthly Rent Roll: $18,000 Annual Gross Income: $216,000 Current Cap Rate: Approx. 6.6% Pro Forma Cap Rate: 7.5% – 8.0% (based on achievable market rents) Occupancy: 100% (All residential and retail units fully leased) Configuration: 4 Residential Units + 2 Retail Units Zoning: Mixed-Use (Residential + Commercial) Strong In-Place Income: $216,000 annual rent roll with low operating expenses. Upside Potential: Market rents indicate achievable pro forma income of $240,000+ annually. LOCATION ADVANTAGE Situated along Fulton Street, one of Brooklyn’s most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access. Near A, C, J, and Z subway lines and multiple MTA bus routes. Surrounded by retail, dining, schools, and residential density driving strong tenant retention. Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values. High-demand rental area offering long-term appreciation and sustained occupancy. INVESTMENT OUTLOOK With NYC’s rental market at record highs and Brooklyn’s mixed-use assets in constant demand, 3225 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor. This asset delivers: Immediate Cash Flow from day one. Strong Long-Term Growth Potential through rent appreciation. Diversified Stability across residential and retail income streams. Whether expanding your Brooklyn portfolio or seeking a secure 1031 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, free-market residential units, established commercial tenants, and prime location within a dynamic retail corridor. 3225 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

Contact:

HomeSmart Premier Living Realty

Property Subtype:

Apartment

Date on Market:

2025-11-18

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More details for 1340 Rockaway Pky, Brooklyn, NY - Office for Sale

1340 Rockaway Pky

Brooklyn, NY 11236

  • 1031 Exchange Property
  • Office for Sale
  • $4,991,266 CAD
  • 4,934 SF

Brooklyn Office for Sale - South Brooklyn

Owner User or Redevelopment opportunity with Zoning C2-3/R5D up to 20000 + buildable SF for Mixed Use Residential/Commercial/Retail/Office/Medical/Residential This exceptional 4,934 SF medical and commercial space, paired with 4,629 SF of dedicated on-site parking, presents a rare opportunity for healthcare, wellness, or professional service users seeking a highly visible and accessible location in the heart of Canarsie. The property previously operated as a well-established medical clinic for more than 25 years, offering a proven track record of success within the community. Its existing turnkey medical layout provides immediate functionality for clinical practices, while an additional open “vanilla box” area offers the flexibility to customize and tailor the environment to a wide range of operational needs. Conveniently located just two blocks from the Canarsie–Rockaway Parkway L train station, the site benefits from outstanding transit connectivity, ensuring easy access for patients, clients, and staff traveling from across Brooklyn and beyond. Its strategic position along Rockaway Parkway’s high-traffic retail corridor, which carries over 33,000 vehicles per day, further elevates the property's visibility and exposure. Surrounded by dense residential neighborhoods and a diverse mix of local businesses, the location provides a built-in customer base and strong foot traffic throughout the day. Combining substantial on-site parking, a functional medical infrastructure, and proximity to major transit and retail activity, this property stands out as a premier opportunity for operators seeking a prominent, long-term home in a thriving Brooklyn community.

Contact:

A.P. Services Inc

Date on Market:

2025-11-14

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