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For SaleLuxury

$2,999,999

161 days on market

2579 Cropsey Ave Cropsey Avenue

Brooklyn, NY 11214

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· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1931

Built

Listing narrative

Description

Prime Mixed-Use Corner Property in Kings County – Exceptional Investment Opportunity Introducing a prime mixed-use corner property offering approximately 3,665 square feet of building space in a highly desirable Kings County location, known for its outstanding visibility, strong foot traffic, and excellent accessibility. This well-maintained property features two established commercial businesses, including a successful restaurant pizzeria and a well-known ice shop, creating strong street presence and consistent neighborhood activity. The businesses benefit from excellent corner exposure, making this a highly attractive destination for customers and passersby. Above the retail level are two residential apartments, providing excellent supplemental rental income. One unit features two spacious bedrooms, while the second apartment offers three bedrooms, an updated kitchen, beautiful hardwood floors, and access to a large private terrace, ideal for relaxing or entertaining outdoors. Additional highlights include a private driveway, a rare and valuable feature in this area, and a tremendous, immaculate unfinished basement that offers extensive storage capacity or potential for future expansion or customization. With its corner property exposure, mixed-use versatility, and prime Kings County positioning, this property presents an outstanding opportunity for investors or owner- operators seeking strong rental income, business continuity, and long-term appreciation. Key Features: Approx. 3,665 sq. ft. total building space Highly visible corner property in prime Kings County location Mixed-use property with strong income potential Two commercial storefronts including an established restaurant pizzeria and ice shop Two residential apartments: One 2-bedroom apartment One 3-bedroom apartment with updated kitchen, hardwood floors & large terrace Private driveway — valuable convenience feature Immaculate, expansive unfinished basement with significant potential Excellent accessibility and neighborhood exposure Strong cash flow demonstrating business profitability Dual revenue streams from both commercial and residential units Real estate ownership providing long-term investment security This turnkey opportunity represents a rare chance to acquire both income-producing commercial businesses and valuable mixed-use real estate in one transaction. Thecombination of consistent cash flow, prime corner positioning, and property ownership creates multiple avenues for growth and long-term value. The current owner is retiring, presenting an ideal opportunity for an experienced restaurateur or investor to continue the success of this well-established location while benefiting from ownership in a sought-after Kings County corridor. This exceptional opportunity combines a thriving 33-year-old restaurant / gourmet pizzeria with a thriving well known franchised ice store with valuable commercial real estate. Established in 1993, the restaurant has demonstrated remarkable longevity and stability in the competitive food service industry. •All major mechanicals less than 10 years -Roof -Steam Heating System -Plumbing System -Electrical System Investment highlights

Listing agent (MLS): Gregory Diaz · Listing brokerage (MLS): S I Premiere Properties

Property Details

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Price

$2,999,999

Beds

Beds n/a

Type

Multi-Family

Home Size

Sqft n/a

Baths

Baths n/a

Year

1931

Status

For Sale

Days on Market

161

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

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Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

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Courtesy of S I Premiere Properties