

Listed by RE/MAX Real Estate Professionals
$1,369,000
276 Avenue U
Details
APN 7123/7
Property Type Mixed Use
Sub Type Retail, Multifamily
Square Footage 1,980
Units 1
NOI $80,400
Tenancy Multi
Price per SqFt $692
Year Built 1931
Buildings 1
Stories 2
Acreage 0.023
Zoning R5
Investment Type Value Add
Mixed Use | 1,980 SqFt
Marketing description
Exceptional opportunity to own and operate a fully turnkey, established "color bar" salon business on one of Brooklyn's most popular and high-traffic avenues. This beautifully renovated mixed-use property features an ultra-modern 2-bedroom apartment above a spacious, fully built-out salon, plus a full finished basement with private spa rooms—ideal for expanding services or adding high-demand med-spa offerings. The building has been upgraded throughout with radiant heat, new plumbing, and updated electrical systems, providing comfort, efficiency, and long-term reliability. With full possession possible at closing, this is a rare chance for an entrepreneur, investor, or owner-operator to step into a thriving setup with tremendous upside.
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Listed by RE/MAX Real Estate Professionals
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,400.00
$6,700.00/mo
Valuation Metrics
0
DSCR
5.87%
Cap Rate
5.87%
ROI
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