- For Sale $6,950,000
- Property Type Mixed Use
- Property Size 10,402 SF
- Units 19
- Cap Rate % 7.56
- Date Updated Jan 8, 2024
9 NEWPORT STREET
• 100% free-market mixed-use building located at the intersection of Newport St & E. 98th St.
• Unit mix seven (7) residential apartments over five (5) commercial units. 4 of the 5 commercial units are leased.
• The building has been fully renovated with high-end finishes.
• Prime corner exposure with approx. 130’ of wraparound frontage
• Located two blocks from the “3” train at Saratoga Ave, and a short ride from the “L” train at New Lots Ave. Providing easy access to Downtown Brooklyn and Manhattan.
622 CHESTER STREET
• 100% free market, mixed-use building located on the corner of Chester Street and Hegeman Avenue.
• Two-story building spanning approx. 3,800 SF
• Unit mix four (4) large residential apartments and three (3) commercial units. The apartments are fully leased with one commercial vacancy.
• Tax class 2B protects against considerable tax increases.
• The property benefits from it’s close proximity to Brookdale Hospital, local retailers, grocery stores and restaurants.
• Short walk from the Rockaway Avenue 2,3,4 trains and the New Lots Avenue L train, providing tenants with access to Manhattan and other sections of Brooklyn
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Contacts
Jermaine Pugh
Matthews Real Estate Investment Services
(718) 701-5129
Bobby Lawrence
Matthews Real Estate Investment Services
(718) 554-0337
Henry Hill
Matthews Real Estate Investment Services
(718) 874-8539
DJ Johnson
Matthews Real Estate Investment Services
(718) 701-5367
Bryan Kirk
Matthews Real Estate Investment Services
(646) 868-0045
Location
Getting Around
-
Walk Score ®
Very Walkable (83) -
Transit Score ®
Rider's Paradise (100) -
Bike Score ®
Very Bikeable (70)
- City Brooklyn, NY
- Neighborhood Brownsville
- Zip Code 11212
- Market Brooklyn
Points of Interest
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Saratoga Avenue
0.21 miles
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Rockaway Avenue
0.44 miles
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Sutter Avenue–Rutland Road
0.58 miles
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Junius Street
0.76 miles
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New Lots Avenue
0.84 miles
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Livonia Avenue
0.86 miles
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East 105th Street
0.99 miles
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Sutter Avenue
1.03 miles
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Crown Heights–Utica Avenue
1.09 miles
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Canarsie–Rockaway Parkway
1.09 miles
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BP
0.81 miles
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BP
0.89 miles
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Gulf
1.29 miles
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Getty
1.30 miles
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Speedway
1.34 miles
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Speedy Gas
1.46 miles
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BP
1.50 miles
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BP
1.56 miles
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Shell
1.59 miles
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BP
1.64 miles
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Kings County Parking Garage
1.34 miles
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Havens Place Lot
1.38 miles
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Pathmark
1.92 miles
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Canarsie Pier
2.64 miles
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The Brooklyn Museum and Botanic Garden
2.70 miles
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Underhill Garage
2.95 miles
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Rapid Park
3.11 miles
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Cielo Garage
3.14 miles
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MMP Parking LLC
3.14 miles
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Stop & Shop Parking
3.24 miles
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Dunkin'
0.32 miles
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McDonald's
0.58 miles
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Taco Bell
0.79 miles
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KFC
0.79 miles
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McDonald's
0.82 miles
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"diner"
0.84 miles
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Dunkin'
0.85 miles
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Chen's Fresh Food Market
0.89 miles
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White Castle
0.94 miles
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Footprints Café
1.01 miles
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Public School 183
0.07 miles
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Riverdale Avenue Community School
0.12 miles
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Kings Collegiate Charter Academy
0.24 miles
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Middle School For Art and Philosophy
0.24 miles
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Intermediate School 252
0.24 miles
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Enya Community School
0.46 miles
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PS/IS 41 Francis White
0.46 miles
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Public School K140
0.49 miles
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Intermediate School 392
0.50 miles
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Kanut
0.51 miles
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Brooklyn Kids Academy
1.16 miles
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St. Martin's Nursery & Kindergarten School
1.50 miles
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Lefferts Gardens Montessori
1.98 miles
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Kiddie Science
1.99 miles
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Elite Early Childhood Learning Center
2.03 miles
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Garden of Learning
2.06 miles
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Bambi Early Education and Child Care
2.08 miles
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Park Place Day Care
2.10 miles
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Hawthorne Corners Day Care
2.17 miles
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Little Sun People
2.20 miles