Ad #7807377
MLS #500005
Investment Opportunity: Prime Comer Mixed-Use Property 1901
1901 Ave M, Brooklyn, New York, 11230
$3,500,000
0Beds
0Baths
7,000Sqft
0.058Acres
About this property
Investment Opportunity: Prime Comer Mixed-Use Property 1901 Avenue M, Brooklyn, NY Available for the first time in 50 years, this prime corner property offers significant upside potential in a high-demand Brooklyn location near shopping and public transportation. Property Breakdown - Residential (4 Units): Two 3-bedroom and two 1-bedroom units. Current monthly rents: $1,750, $1,220, $1,980, and$1,400. - Commercial ( 4 Tenants): Includes a corner pharmacy anchor ($7, 100/mo ), alteration store ($1,525/mo), retail store ($420/mo), and a locksmith (provides building maintenance in lieu of rent). Financial Summary - Total Monthly Income: $15,395 - Total Annual Income: $184,740 - Annual Expenses: $90,015 (Includes $56,550 Taxes, $14,965 Insurance, $6,500 Water/Sewer, and $12,000 Gas with a new boiler - Net Operating Income (NOi): $94,725 Investment Highlights - Excellent visibility on a prime corner. - Stable commercial tenants with a long-term pharmacy anchor. - Strong existing income with rents currently below market value. - Ideal for investors looking to maximize value through strategic rent increases.
Property Features
0 Beds
0 Baths
7,000 Sqft
Built in 1931
0.058 Acres
3 Stories
Siding: Brick
$56,595 / yr property tax
Kings County
Additional Photos
Contact Information
Gus Ktistakis
Fillmore R.E - 2990 Avenue U
718-368-2500
Location
Listing Agent: Gus Ktistakis 718-368-2500
Broker: Fillmore R.E - 2990 Avenue U 718-368-2500 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fillmore R.E - 2990 Avenue U 718-368-2500 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 17, 2026
Photo Gallery
$3,500,000
0
Beds
0
Baths
7,000
Sqft
1901 Ave M, Brooklyn, New York, 11230
By contacting this agent you agree to these Terms and Conditions.
MLS# 500005
Investment Opportunity: Prime Comer Mixed-Use Property 1901
$3,500,000
1901 Ave M, Brooklyn, New York, 11230
0
Beds
0
Baths
7,000
Sqft
0.058
Acres
$3,500,000
1901 Ave M, Brooklyn, New York, 11230
0 Beds
0 Baths
7,000 Sqft
0.058 Acres
Investment Opportunity: Prime Comer Mixed-Use Property 1901 Avenue M, Brooklyn, NY Available for the first time in 50 years, this prime corner property offers significant upside potential in a high-demand Brooklyn location near shopping and public transportation. Property Breakdown - Residential (4 Units): Two 3-bedroom and two 1-bedroom units. Current monthly rents: $1,750, $1,220, $1,980, and$1,400. - Commercial ( 4 Tenants): Includes a corner pharmacy anchor ($7, 100/mo ), alteration store ($1,525/mo), retail store ($420/mo), and a locksmith (provides building maintenance in lieu of rent). Financial Summary - Total Monthly Income: $15,395 - Total Annual Income: $184,740 - Annual Expenses: $90,015 (Includes $56,550 Taxes, $14,965 Insurance, $6,500 Water/Sewer, and $12,000 Gas with a new boiler - Net Operating Income (NOi): $94,725 Investment Highlights - Excellent visibility on a prime corner. - Stable commercial tenants with a long-term pharmacy anchor. - Strong existing income with rents currently below market value. - Ideal for investors looking to maximize value through strategic rent increases.
42 days
on BeachHouse.com
10
views
0
saves
Property Details
HOME DETAILS
0 Beds
0 Baths
7,000 Sqft
Built in 1931
0.058 Acres
3 Stories
EXTERIOR
Siding: Brick
FINANCIAL & COMMUNITY
$56,595 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7807377
Viewed
10 times
Listing Status
Active
Added
Jun 04, 2026
Last Refresh
Jul 17, 2026 12:15:01 AM
Listing Information
Data Source
Brooklyn New York Multiple Listing Service
Source Property ID
500005
Listing Agent: Gus Ktistakis 718-368-2500
Broker: Fillmore R.E - 2990 Avenue U 718-368-2500 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fillmore R.E - 2990 Avenue U 718-368-2500 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home
Explore Similar Properties
