493 Tompkins Avenue
Brooklyn, New York
$1,775,000 Price
4 Bedrooms   2.5 Baths

493 Tompkins Avenue, Brooklyn, New York

Large Mixed-use building - Extra Wide - Corner Building great upside potential. CONTRACT FELL THROUGH!!!!....just back on the market. 493 Tompkins Ave - aka 3 Decatur Street Prime Bed Sty neighborhood location Building: 22' X 50'lot: 22' X 70 Nice backyard -...

Large Mixed-use building - Extra Wide - Corner Building great upside potential. CONTRACT FELL THROUGH!!!!....just back on the market. 493 Tompkins Ave - aka 3 Decatur Street Prime Bed Sty neighborhood location Building: 22' X 50'lot: 22' X 70 Nice backyard - with the possibility of creating a curb cut. Currently: 3300sqf plus fully useable basementFAR: 3, total buildable : 4640sqft. Currently set-up as a 3Br apartment on 2nd floor, large 2br unit on the 3rd floor (easily converted to 3br), and ground floor large commercial space with full basement. Excellent condition:all free marketResidential Units will be delivered vacant - potential rent roll - over $160,000/yr. as is NOI:$120,000 low taxes: $4,241/yr Total expenses - $22,000 1st Floor - commercial - Rent: $5,025 with 5% increases each year, pays 1/2 water bill - Lease ends 2028 2nd Floor - 3 BR / 1bth with backyard access - month to month - can be delivered vacant. 3rd floor - large 2br...easily converted to 3br - currently vacant - can be rented for $3500/mo. total projected rent roll - $12,025/mo.

Courtesy of Home By Choice LLC

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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

Brooklyn, New York
Type: Townhouse
Price: $1,775,000
Re Tax: $4,200
Last Updated: 6/30/2025
Web ID: 1102657467

Info & Amenities

Type: Mixed Use
Rooms: 10.0
Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: 1
Built: 1900
Pets allowed: Yes