2579 Cropsey Ave Cropsey Avenue,Brooklyn, NY 11214
Brooklyn, NY 11214
Description
Prime Mixed-Use Corner Property in Kings County - Exceptional Investment OpportunityIntroducing a prime mixed-use corner property offering approximately 3,665 square feet ofbuilding space in a highly desirable Kings County location, known for its outstanding visibility,strong foot traffic, and excellent accessibility.This well-maintained property features two established commercial businesses, including asuccessful restaurant pizzeria and a well-known ice shop, creating strong street presenceand consistent neighborhood activity. The businesses benefit from excellent corner exposure,making this a highly attractive destination for customers and passersby.Above the retail level are two residential apartments, providing excellent supplemental rentalincome. One unit features two spacious bedrooms, while the second apartment offers threebedrooms, an updated kitchen, beautiful hardwood floors, and access to a large privateterrace, ideal for relaxing or entertaining outdoors.Additional highlights include a private driveway, a rare and valuable feature in this area, and atremendous, immaculate unfinished basement that offers extensive storage capacity orpotential for future expansion or customization.With its corner property exposure, mixed-use versatility, and prime Kings Countypositioning, this property presents an outstanding opportunity for investors or owner-operators seeking strong rental income, business continuity, and long-term appreciation.Key Features:Approx. 3,665 sq. ft. total building spaceHighly visible corner property in prime Kings County locationMixed-use property with strong income potentialTwo commercial storefronts including an established restaurant pizzeria and ice shopTwo residential apartments:One 2-bedroom apartmentOne 3-bedroom apartment with updated kitchen, hardwood floors & large terracePrivate driveway valuable convenience featureImmaculate, expansive unfinished basement with significant potentialExcellent accessibility and neighborhood exposureStrong cash flow demonstrating business profitabilityDual revenue streams from both commercial and residential unitsReal estate ownership providing long-term investment securityThis turnkey opportunity represents a rare chance to acquire both income-producingcommercial businesses and valuable mixed-use real estate in one transaction. Thecombination of consistent cash flow, prime corner positioning, and property ownership createsmultiple avenues for growth and long-term value.The current owner is retiring, presenting an ideal opportunity for an experienced restaurateuror investor to continue the success of this well-established location while benefiting fromownership in a sought-after Kings County corridor.This exceptional opportunity combines a thriving 33-year-old restaurant / gourmet pizzeria witha thriving well known franchised ice store with valuable commercial real estate. Established in1993, the restaurant has demonstrated remarkable longevity and stability in the competitivefood service industry.All major mechanicals less than 10 years-Roof-Steam Heating System-Plumbing System-Electrical SystemInvestment highlights
Details
| MLS # | 993559 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 107 |
| Listing Provided By | S I Premiere Properties | Gregory Diaz |
Features
| SQ Feet | 3,665 |
|---|---|
| Basement | Y |
| Units | 4 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Hot Water |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Phone Connected, See Remarks |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 24922 |
| Tax Lot | 1 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11214 |
| Listing VS Median (in 11214) | |
Price: $2,999,999 low | high Med: $895,000 sqft: 3,665 low | high Med: 1,051 $ / sqft: $819 low | high Med: $852 On site: 107 low | high Med: 48 | |
Market Activity 11214
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11214 |
| Listing VS Median (in 11214) | |
Price: $2,999,999 low | high Med: $895,000 sqft: 3,665 low | high Med: 1,051 $ / sqft: $819 low | high Med: $852 On site: 107 low | high Med: 48 | |
