Mixed-Use Building w/ Plans for Multifamily Conversion
301 East 26th Street
East Flatbush
Closed 8/2/2012 at
$610,000 | 112 per SF
B49, B41
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Details
Overview
The mixed-use building at 301 East 26th Street is now offered for sale. The building is located on the corner of East 26th Street and Clarendon Road in the East Flatbush neighborhood of Brooklyn. The building currently consists of four free market residential units and approx. 1,900 SF of retail on the first floor.
The property has approved plans to renovate the first floor and convert the existing retail into three apartments, making the building a total of seven residential units. The ground floor retail space is vacant while the second and third floors are fully occupied. The building has a current income of over $6,400/month and the potential for $9,800/month after renovations/conversion.
