Description
This fully renovated, high–income mixed-use brick corner building is situated on Avenue P between West 5th and West 6th Streets in the Gravesend/Bensonhurst area of Brooklyn. The 4,522 sq ft property was completely rebuilt in 2005 with a new Certificate of Occupancy and has seen recent upgrades in 2021, including a new roof with skylights, updated sewer and water lines, a quiet garage door, limestone steps, and fresh exterior finishes.
Listing Details
- Cap Rate
7.5%
- Space Type
Mixed Use
- Sub Category
Multifamily / Office
- Date Listed
11/5/2025
- Broker/Agent Co-op
Yes
- Net Operating Income
$112,850
Property Specifics
- Property Name
248 Avenue P
- Property Class
C
- No of Buildings
1
- No of Units
3
- Year Built
1935
- Lot Size
1,620 SF
- Year Renovated
2025
- APN
06626-0010
- Zoning
R5B
- Occupancy
33%


