$2,750,000
Updated 7 years ago
Sold

255 3rd Ave

Boerum Hill, Brooklyn | Union Ave & President Street

17 Rooms6 Beds4 BathsMixed Use

$2,750,000
floors / apts4 / 3
Lot Size20'x79'
Built Size20'x57'
ZoneM1-2
Building TypeLow-Rise
RE Taxes$17,530

Building Amenities

  • Voice Intercom

Property Description for 255 3rd Ave

LOCATION EQUALS OPPORTUNITY! Searching for the perfect investment property found in one of the hottest neighborhoods in Brooklyn? With three newly renovated two-bedroom apartments and a well-known restaurant, the property at 255 3rd Ave in the Gowanus neighborhood offers a central location with plenty of popular shopping and dining within walking distance. A total of four units are found in this mid-rise apartment building measuring 20 feet wide and providing 5,200 square feet of total space. Built in 1931, the building offers plenty of history and remains in great condition. The roof was recently redone and all the Mechanicals of the building are in top condition. The building offers three beautifully-renovated 1,100-square-foot apartments with central AC/Heat, a dishwasher, and an in-unit Washer/Dryer. All three units offer an open gallery living/dining space, hardwood floors throughout, and multiple ceiling fans. Plenty of closet space is provided and both bedrooms can accommodate a queen bed with other furnishings. All three units are currently rented and have fabulous tenants.. Dating back to 1948, the restaurant space has been continuously serving diners and truly makes this investment property a unique opportunity. The space is fully compliant with New York State Laws and offers everything necessary. Currently the space is occupied by Two Toms Restaurant, but this space may also be delivered vacant, if necessary. The location, just off the corner of 3rd Ave and Union St, provides incredible traffic levels with many other surrounding businesses, such as Whole Foods, Freaks Mill, Little Neck, Claro, and several more. Transit and commuter rail options are located just a short walk from the building, making this a prime location in the Gowanus neighborhood for tenants. The building is completely free and clear offering the perfect opportunity for the right investor.

To view, please contact:
Jack Kishk
[email protected]
917-288-4001

Building Details for 255 3rd Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.13 miles

Citi Bike

3 Ave & Carroll St
0.09 miles
Degraw St & 3 Ave
0.12 miles

Contact Agent

Contact Agent

Licensed As
Ryan S. Sherman
Broker
License#:
49SH0954121
Company:
Century 21 Metropolitan
Ryan Sherman
Century 21 Metropolitan

Boerum Hill | Brooklyn

Quick Profile

Boerum Hill is a tiny, quiet, primarily residential neighborhood in Brooklyn. There are broad tree-lined streets that are filled with elegant three and four-story brownstones and townhouses, mostly built between 1840 and 1870. There is a definite family vibe to the neighborhood, but young professionals are moving in, and with them are coming trendy bars to cater to their desire for some measure of nightlife, without having to linger in Manhattan. These new bars and restaurants are being sandwiched in amongst existing shops on both Atlantic Avenue and Smith Street, which are the main commercial areas in Boerum Hill. 

Boerum Hill offers a convenient location that is still able to maintain its small-neighborhood feel. Shopkeepers value their customers and remember their regulars. It continues to do what it was designed to do, namely provide small-town living in the very shadow of the big city. Boerum Hill is an easy commute to other parts of the city, making it easy to come home every day to the peace and tranquility of Boerum Hill while commuting to a job anywhere in the city.

The neighborhood is quite walkable and you can take the time to catch up with your neighbors while visiting on their stoops. Shopping on Atlantic Avenue is stress-free with no high pressure. You can meet with friends at any of the many coffee shops and while away pleasant hours in conversation. The dining scene on Smith Street is similarly laid-back. Don’t expect that there will be quite as much to see or do as there is in Manhattan, but there are a decent number of interesting bars and restaurants providing a measure of nightlife. The trade-off is worth it, as Boerum Hill provides a quiet, peaceful place to live and raise a family.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72628TH