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0 Beds
0 Baths
3,960 sqft

$1,390,000

436 New Lots Avenue, Brooklyn NY, 11207

Price per sqft$351.01
Built in1920
Property size3,960 sqft
Property typeMulti-family
Courtesy of Chase Global Realty Corp, Sophia X. Yao Listing Contact: 718-355-8788

Overview

Active

Listed Nov 4, 2026

Updated 16h ago

Prime Mixed-Use Investment Opportunity in Brooklyn. One store + 2 Apartments. Excellent opportunity to own a well-maintained mixed-use property in East New York, Brooklyn, featuring a ground-floor commercial space and two vacant residential apartments above. The ground floor and basement are currently occupied by an operating nail salon, generating $3,200 per month in rental income, with approximately 3 years remaining on the lease. The second floor features two separate vacant apartments: a front unit with 3 bedrooms and 1 full bathroom, and a rear unit with 2 bedrooms and 1 full bathroom. The property 20 x 101 ft lot, approximately 20 x 50 ft building dimensions, R6/C1-3 zoning, and low annual property taxes of approximately $5,600. With a projected investment return of approximately 6.5%, this property offers excellent potential for investors and owner-users alike. Enjoy existing commercial rental income while exploring additional residential rental opportunities. A rare opportunity to combine commercial income, residential flexibility, and long-term investment potential in Brooklyn!

$9,248/mo

Est. mortgage payment based on a $1,390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1070476

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$5,600
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor DePenn Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:14 AM UTC on 11/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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OneKey MLS. All rights reserved.

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