For Sale

Listed by Orren Azani and Nawang Sherpa from Compass

Source: OneKey #H6275156

285 Van Brunt Street, New York, NY, 11231

$1,895,000

5
3
2354 sq. ft.

MultiFam

30+ days on the market

What's around 285 Van Brunt Street

About this property

Reap the rewards of an exceptional real estate opportunity in the heart of desirable Red Hook, Brooklyn! This incredible mixed-use investment property set on approximately a 17'5" x 70' lot features a generous 1,000 square foot commercial space on the ground floor with basement access and a full bath, plus 2 one-bedroom one-bathroom apartments upstairs. Enjoy a substantial monthly rent roll and prime location directly on Red Hook's main thoroughfare, Van Brunt Street, near the neighborhood's best attractions. The spacious ground-floor commercial space is very versatile and in excellent renovated condition with direct entry, 2 oversized rooms, 1 bathroom, heating and AC, 2 skylights in the rear room, recessed lighting, hardwood floors, great closet space, and a private patio in back. It's a perfect space for many uses such as a restaurant, retail, office space, wine bar, coffee shop, nail salon, studio - the possibilities are endless! Residences are roomy and comfortable with great layouts, ample closets, French doors and hardwood floors. On the second level is a wonderful apartment with an open living/dining area, open kitchen, full bath with shower, large bedroom, and convenient washer-dryer. Off the kitchen leads to an amazing 15' x 26' deck for your outdoor pleasure with plenty of room for seating/dining areas and planters for the gardener. Up the sky-lit staircase, the top/third story unit also presents an open living/dining room and kitchen, nice-size bedroom, full bath with soaking tub/shower, and a home office for working remotely. Minutes to the Brooklyn waterfront, 285 Van Brunt Street is close to shops, restaurants, bars, Fairway Market, basketball and handball courts, water-view parks, Coffey Park, Ikea, galleries and more. The NYC Red Hook Ferry stop is just a block away, plus you're only minutes to the Hugh Carey Tunnel to downtown Manhattan, and the B61 bus stop right in front. Citibike and Vespa can get you around quickly too! RENT ROLL: Store Front - $3,000 2nd Floor - $2,800 3rd Floor - $2,100 Total: $7,900 per month x 12 = $94,800 per year.

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