Property Description for 2225 Voorhies Ave
2225 Voorhies Avenue is a mixed-use property located on the corner of East 23rd Street and Voorhies Avenue in the Sheepshead Bay neighborhood of Brooklyn, New York (Block: 7467, Lot: 27).
The subject property is built 23 feet wide and 74 feet deep and sits on a 23 foot wide by 77 foot deep lot. The property narrows towards the back of the property where it becomes 19 feet wide. In total the property has approximately 3,300 gross square feet and is zoned R4.
The subject property is comprised as two apartments and one retail unit. The apartments are both one bedroom units receiving below market rents. The back apartment is very large and can be converted into a two bedroom apartment. The retail is operating on a short lease and is also paying below market rent for their large space.
This property offers investors tremendous near term upside in both residential and retail rents.
This property is ideally located six blocks from the Sheepshead Bay "B" and "Q" trains and also two avenues from the vibrant Emmons Avenue corridor.