Business for Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11238

Description

Marcus & Millichap is pleased to offer 39 Clifton Place, a 5-unit corner mixed-use property totaling approximately 5,000 square feet, comprised of two retail spaces and three apartments. Its corner exposure provides exceptional light, scale, and presence, while two residential units benefit from private outdoor space. The property functions as both a residential building and a neighborhood anchor. 39 Clifton Place is a trophy asset in every sense. Earning the Lucy G. Moses Preservation Award in 2019 as the culmination of more than a decade and a half of immaculate care and upgrades. The award — one of New York City’s highest honors for historic preservation — recognizes not only craftsmanship but architectural integrity. Investment Highlights: • 39 Clifton Place, built in 1905, is a 5-unit mixed use asset, approx. 5,000 SF. • Tax Class: 2A | Zoning: R6B, C2-4 | 3 Residential Units. 2 Commerical Units • Close proximity to Clinton-Washington Avs & Classon Ave G Subway Stops.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 5.4% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 68 days. Compare it against other mixed use listings for sale in Brooklyn, NY — <a href="/search/sale/mixed-use/new-york/brooklyn">view the full market</a>.

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