1701 Elm Avenue

$1,300,000
Price
1
Beds
2,746 Sq. Ft.
$473 / Sq. Ft.
2,746
Sq. Ft.
$473
per Sq. Ft.

Description

Welcome to an unparalleled investment opportunity in the heart of Midwood! This prime mixed-use building boasts a strategic corner location, offering exceptional exposure along the bustling Ave M commercial strip. Comprising two spacious commercial storefronts and a charming one-bedroom residential unit above, this property offers versatility and income potential. With a full storage basement and zoning R7A, the possibilities for expansion or development are endless. Spanning 27 x 42 feet with a...Welcome to an unparalleled investment opportunity in the heart of Midwood! This prime mixed-use building boasts a strategic corner location, offering exceptional exposure along the bustling Ave M commercial strip. Comprising two spacious commercial storefronts and a charming one-bedroom residential unit above, this property offers versatility and income potential. With a full storage basement and zoning R7A, the possibilities for expansion or development are endless. Spanning 27 x 42 feet with a lot size of 32 x 103 irregular, this property presents a rare chance to secure a foothold in one of Brooklyn's most coveted neighborhoods. Don't miss out on this chance to make your mark in the thriving Midwood community!
  1. Listed by Delton Cheng • Century 21 Homefront Realty

Amenities

  • Walk Up
  • Basement
  • Parking Included
  • Lowrise
LISTING UPDATED: 10/28/2024 02:34 PM

Property Details for 1701 Elm Avenue

StatusActive
MLS ID481272
Days on Market251
Taxes$9,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size3,380 SF / 33' x 104'
CountyKings County

Building

1701 Elm Ave

4 Units2 StoriesBuilt in 1931

Building Information for 1701 Elm Avenue

Stories2Residences4Year Built1931Lot Size3,380 SF / 33' x 104'Building Age-Building Type-

Property Information for 1701 Elm Avenue

Summary
Location and General Information
  • Block: 6737
  • Number Of Stories: 2
  • Cross Street Name: E 17th St
  • Cross Street Name: E 18th St
  • Zoning: R7A
  • Roof: Flat
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 9000.0
Property
Lot Information
  • Lot Dimensions: 32.58x103.75
  • Sq Ft Total: 2746
  • Yard: None
  • Lot Number: 61
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 104
  • Lot Size Width: 33
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Cellar, Unfinished
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Other
  • Unit Count: 3
  • Lavatories: Other
  • Construction Materials: Block
  • Electric: Circuit Breakers
Exterior Features
  • Exterior: Brick, Stucco
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1134.0
  • Building Length: 42.0
  • Building Type: Semi-Detached
  • Building Width: 27.0
Unit 1
  • Unit Category: Store
  • Unit Floor: 1L
  • Unit Status: No Lease
  • Unit Unit Type: Retail
Unit 2
  • Unit Category: Store
  • Unit Floor: 1R
  • Unit Status: No Lease
  • Unit Unit Type: Retail
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1600.0
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: No Lease
  • Unit Unit Type: 1 Bedroom
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 1701 Elm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1701 Elm Avenue

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 199 Frederick Wachtel
PublicPK to 5

Andries Hudde School
Public6 to 8

Edward R Murrow High School
Public9 to 12

Brooklyn Studio Secondary School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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1701 Elm Avenue is a mixed use property for sale in Midwood. This property was listed for sale on April 15, 2024 by Century 21 Homefront Realty, it's currently listed at $1,300,000. This listing's school district is Nyc Geog District #21 - Brooklyn. Nearby schools include P.S. 199 Frederick Wachtel, Andries Hudde School and Edward R Murrow High School. 1701 Elm Avenue is a 1-bed, 0-bath, 2,746 sqft mixed use property built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Homefront Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.