296 Legion Street Brooklyn, NY $ 1,250,000
296 Legion Street
$ 1,250,000
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296 Legion Street

Brooklyn, NY, 11212
$ 1,250,000
Bedrooms-- Baths-- Sq 2,800

Monthly Estimate*

$ 7,798

296 Legion Street, Brooklyn, NY 11212 - Image 1
296 Legion Street, Brooklyn, NY 11212 - Image 2
296 Legion Street, Brooklyn, NY 11212 - Image 3

Commercial Property for sale in Brooklyn, NY

for $1,250,000. This 2,800 square foot building was built in 1930 on a lot size of 0.0459.

Prime opportunity for investors to acquire a semi-attached corner mixed-use property located in the heart of Brownsville, Brooklyn. The building features: • One ground-floor commercial unit, currently leased to a barbershop • Three residential apartments — two 2-bedroom units and one 3-bedroom unit, all fully occupied • Rear garage generating $700/month in additional income The property produces a gross annual income of approximately $127,020, offering consistent cash flow and strong upside potential through future rent increases. Situated on a visible corner with excellent foot and vehicle traffic, near shopping, schools, and public transportation. This property represents a turnkey, income-producing asset ideal for investors seeking stable returns and long-term appreciation in an emerging Brooklyn neighborhood.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 3,678

Style

Mixed Use

Lot Size

0.0459

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

925473

Features
General
Sewer Other
Heating Natural Gas
Cooling None
Utilities See Remarks
Construction Materials Brick
Year Built 1930
Property Subtype Mixed Use
Tax Year 2024
Parcel Number 03567-0001
Business Type Retail
County Kings (Brooklyn)
Property Type Commercial Sale
Directions Use GPS.
City New York
Property Attached Y/N Y
Tax Annual Amount 3678.48
Showing Instructions Call or text the listing agent.
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 165150
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Interior
Basement Full Unfinished
Basement Features Full Unfinished
Basement (Y/N) Y
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Exterior
Water Source Other
Building Area Total 2800
Waterfront Y/N N
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Internal Only
Street Number 1 296
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* Excluded Features
List By
Faig Mikayilov

Listing Agent

Re/Max Edge

Broker

718-288-3835

Contact

Affordability Calculator

$8,105
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$1,250,000 Listed Price

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296 Legion Street, Brooklyn, NY, 11212 is a Commercial Property for sale at $1,250,000 with 2,800 sqft and a lot size of 0.0459. 296 Legion Street was built in 1930. The property's zip code is 11212 which is in Brooklyn, NY