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500 Snyder Avenue

5011 Snyder Ave, Brooklyn, NY 11203
Available Now
$1,150,000
35 views
FOR SALEMixed Use / Multifamily + Retail
Building Size
1,520SF
Lot Size
800SF
Year Built
1950
Zoning
R5
Currently Leased
No
Investment
Value Add
Listing Contacts
Real Estate Broker
View OM

More property details

Property Class
B
No of Buildings
1
No of Stories
2
Units
2

Location

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500 Snyder Avenue
About the location

This 20-foot-wide, two-story mixed-use building features a ground-floor retail space and a two-bedroom apartment on the second level. The apartment includes a full kitchen, bathroom, and combined living/dining area. The property is separately metered for gas and electricity, with meters, a gas boiler, and a water heater located in the basement. Offering strong investment potential, the ground-floor store can be leased at market rate to a beauty salon, grocery, or other retail business. The upper unit could be converted for commercial use, such as offices, or maintained as a residential rental generating $2,300–$2,500 per month. There’s also potential to reconfigure it into a three-bedroom unit for higher income or install separate boilers and water heaters for each unit. The building also suits owner-occupiers who wish to run a business on the first floor while residing upstairs. Situated on a pleasant residential block just off Utica Avenue, the property is conveniently near the B46 bus on Tilden and Utica Avenue, with easy connections to the 2, 3, 4, and 5 trains via Eastern Parkway.

Documents

FILE
5011 Snyder Avenue OM.pdf
912 KB · Listing document
500 Snyder Avenue
1,520 SF · mixed-use · United States · NY
View OM