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Bath Beach

2016 Bath Ave, Brooklyn, NY 11214

This mixed-use building in Bath Beach, Brooklyn, presents a unique investment opportunity with a solid 7% cap rate. The property features a spacious 1,200 sq ft medical office on the walk-in ground floor, complemented by an additional 779 sq ft of fully finished basement space. The medical office is currently occupied by the seller, who is transitioning into retirement, providing potential for new ownership to capitalize on the space. The second floor houses a 2-bedroom apartment, also measuring 779 sq ft, which is currently rented and could easily command a higher rental rate with minor updates. Notably, the building is detached, offering privacy and a sense of exclusivity, with the apartment having no neighboring units. Additionally, tenants are responsible for their own electricity and heat, making it an attractive option for both residential and commercial renters. Strategically located on Bath Avenue, between Bay Parkway and 21st Avenue, this property benefits from high visibility and accessibility. The motivated seller presents a promising opportunity for savvy investors and professionals alike.

Total Units: 1

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Building type: Detached

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Bath Beach

2016 Bath Ave, Brooklyn, NY 11214

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