362 39th Street
Sunset Park, New York
$1,975,000 Price
2 Bedrooms   2.5 Baths

362 39th Street, Sunset Park, New York

Live/Work and Make Money While You Sleep! 362-364 39th Street, two adjacent mixed-use buildings in the Sunset Park neighborhood of Brooklyn. Located in the middle of prime artist neighborhood of Sunset Park. Located between 3rd and 4th Ave, the properties consist of 2 residential units...

Live/Work and Make Money While You Sleep! 362-364 39th Street, two adjacent mixed-use buildings in the Sunset Park neighborhood of Brooklyn. Located in the middle of prime artist neighborhood of Sunset Park. Located between 3rd and 4th Ave, the properties consist of 2 residential units (2 FM) and 2 commercial spaces that were combined and subdivided into 19 individual artist studios. Both free-market residential units were renovated a few years ago, include a washer/dryer as well as private outdoor patios. The artist studios are month-month and can be delivered vacant. The properties are built full to the 100-foot lot on the ground floor and are built 55 feet deep on the 2nd level with a total gross footage of 6,200 SF. Combined, the properties have a current gross annual income of $183,600 and a net operating income of $130,303 after expenses. Located two blocks away from the neighborhood’s staple, Industry City, the property benefits from its proximity to many local restaurants and bars, including Zona Sur Bar Bistro, Industry City Food Hall & Sahadi’s. It is also located close to the N, Q, R, and W trains.

Courtesy of Compass

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Sunset Park, New York
Type: House
Price: $1,975,000
Re Tax: $30,000
Date Listed: 4/16/2024
Web ID: 1068211225

Info & Amenities

Type: Mixed Use
Rooms: 6.0
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1.0
Built: 1931

Map of Area for 362 39th Street