1705 St. Johns Place

Description

For Sale: Prime Mixed-Use Investment Opportunity in Brooklyn 1705 Saint Johns Pl, Brooklyn, NY 11233 Located in the heart of Brooklyn, this three-story mixed-use property presents an exceptional opportunity non-for-profit businesses, investors, business owners, and homeowners alike. Featuring one commercial storefront on the ground level and two spacious residential units above, this property offers strong income potential in a high-demand neighborhood. Property Highlights: Total Building Size: 3,500 sq. ft. (2,200 sq. ft. residential + 1,300 sq. ft. commercial) Lot Size: 1,532 sq. ft. | Building Depth: 55 ft. | Building Frontage: 20 ft. Freestanding Masonry Structure built in 1920, preserving classic Brooklyn architecture. Zoning: R6, allowing for various residential and mixed-use possibilities. Tax Class: 1, offering lower tax obligations for long-term ownership. Prime Corner Location near Ralph Avenue and Howard Avenue, ensuring high foot traffic and excellent visibility. For Non-for-Profit businesses or religious organizations For Investors: A fully functional mixed-use asset with multiple income streams. For Business Owners: Operate your own business in the commercial space while generating rental income from the residential units. Located in Ocean Hill/Bedford-Stuyvesant, a rapidly growing Brooklyn neighborhood. Public Transportation: Close to subway lines A, C, J, Z, and L, along with multiple bus routes. School District: Zoned for NYC Geographic District #17, with P.S. 191 - Paul Robeson as the nearest elementary school. Surrounded by local businesses, parks, and shopping centers, making it an attractive area for tenants and business owners. Additional Notes: No Landmark Restrictions, allowing flexibility for renovations or redevelopment. Not in a Flood Zone, eliminating additional insurance burdens. Legal Mixed-Use Property with no zoning conflicts.