321 East 2nd Street Brooklyn, NY 11218

Multi-Family (2-4 Units) MLS #: 11347151 Courtesy Of REALTY COLLECTIVE LLC

$2,500,000

12 beds | 6 baths | 7,560 sq ft
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Estimated monthly payments: $10,928/mo.* (recalculate)

Property InformationDescription

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.
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Features

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

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321 East 2nd Street, Brooklyn, NY 11218
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School Information

321 East 2nd Street, Brooklyn, NY 11218

Elementary School
Grades KG-5 | Public School
P.S. 130 THE PARKSIDE SCHOOL
Brooklyn, NY 11218
70 Ocean Pkwy
718.­686.1940
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
866
Middle School
N/A
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
P.s. 230 Doris L. Cohen School 0.2 mi Public KG-5 B-
Yeshivat Shaare Torah Girls Elementary School 0.2 mi Private PK-8
P.s. 179 The Kensington School 0.2 mi Public KG-5 B+
Bnos Yerusmalayim 0.3 mi Private PK-12
Brooklyn Prospect Charter School - Csd 15.2 0.3 mi Public 6-7
Brooklyn Prospect Charter School-csd 15 0.3 mi Public 8-12 A-
United Talmudial Academy Of Boro Park 0.4 mi Private 1-6
Middle School 890 0.4 mi Public 6-8 C
Talmud Torah Ohel Yochanan 0.4 mi Private PK-8
P.s. 889 Brooklyn 0.4 mi Public PK-KG D
Middle School 839 0.4 mi Public 6-8 C
J.h.s. 62 Ditmas 0.5 mi Public 6-8 B
Brooklyn College Academy 0.5 mi Public 9-12 A-
International Christian School 0.6 mi Private PK-12
Yeshiva Bonim Lamokom 0.6 mi Private UG
P.s. 164 Caesar Rodney 0.6 mi Public KG-5 A
Viznitzer Chaider Tiferes Yisroel 0.6 mi Private PK-8
J.h.s. 223 Montauk 0.6 mi Public 6-8 A
Urban Assembly School For Leadership And Empowerment 0.6 mi Public 6-12 B+
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.

Demographic Data

Brooklyn, NY 11218

Median Age: 34.5
Married: 51%
Number of Households: 25,468
Households with Children: 35.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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