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$1,990,000 / 5138ft2 - Investor’s Dream! 4 Apts + Restaurant + Garage – Brooklyn NY (BROOKLYN)
488 East 98th St, BROOKLYN, NY 11212
488 East 98th St near LOTT AVE
5138ft2
available now
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📍 488 E 98th St, Brooklyn, NY 11212
Incredible investment opportunity in a rapidly developing Brooklyn neighborhood! This mixed-use property offers 4 rental apartments, a fully equipped restaurant, and a detached 4-car garage – all generating strong rental income.
✨ Property Highlights:
Units: (2nd Floor) 4-Bedroom + 2-Bedroom | (1st Floor) 2-Bedroom + 1-Bedroom
Commercial: Restaurant with updated kitchen, new A/C, and equipment
Garage: Detached 4-car garage (658 sq ft) – can be rented separately for extra income
Finished Basement: Secure storage with dual access (front bulkhead + rear entry)
Total: 5,138 finished sq ft (including garage + basement)
✨ Upgrades & Features:
Separate gas & electric meters for each unit
Recent natural gas boiler (2014). Brand new gas piping (2023)
Large flat roof – perfect for solar panel installation
Building is structurally sound with paying tenants already in place
✨ Location Benefits:
Steps to Brookdale Hospital, Post Office, and Saratoga Ave subway (2/3/4)
Near brand-new public library and Church Ave shopping
Prime, high-traffic corner – excellent for commercial visibility
Surrounded by growing amenities in an up-and-coming Brooklyn area
💲 Asking $1,990,000 OBO
✔️ Financing permitted
✔️ Serious offers considered
📞 Call today for more info or to schedule a showing: show contact info / show contact info
👉 Don’t miss this chance to own a cash-flowing, mixed-use Brooklyn property with huge upside potential!