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32906328

276 Avenue U, Brooklyn, NY 11223

VA
NY 40AN0957928
RE/MAX Real Estate Professionals
Listed by RE/MAX Real Estate Professionals
$1,369,000
14 days on market
Updated 14 days ago

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.

Listing Contacts

VA
NY 40AN0957928
RE/MAX Real Estate Professionals
Listed by RE/MAX Real Estate Professionals

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Loan Amount
$0.00
Annual Debt Service
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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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