Unlock exceptional investment potential with this 15,000 SF industrial property at 733 Livonia Ave, Brooklyn. Featuring two robust brick mill warehouse buildings totaling 11,400 SF and an additional 3,600 SF of vacant land, this property offers immediate income and future development possibilities. With five established tenants generating a strong $310,829 in gross annual income, this asset is ideal for investors seeking stable cash flow or owner-users looking to occupy or reposition part of the space. 🏢💼
The property boasts flexible R6/C2-2 zoning, allowing for residential, commercial, or community facility development with generous FARs (2.2 residential, 2.0 commercial, 4.8 community facility). High 13.5′ ceilings, four overhead drive-in gates, heavy power, and gas heat make it suitable for a wide range of uses. The Certificate of Occupancy covers warehouse, offices, parking, storage, and outdoor storage, plus a Letter of No Objection for auto repair, offering additional operational flexibility. 🚚🔑
Strategically located steps from the Van Siclen Avenue / Livonia Avenue 3-train station, this property ensures excellent connectivity for employees, clients, and logistics. The vibrant East New York neighborhood provides access to a wide array of amenities, making this a prime location for business growth and future redevelopment. Whether you’re seeking a high-yield investment or a unique owner-user opportunity, this exclusive listing delivers unmatched value and upside. 📈🌆
Location Advantages:
• 🚇 Steps from Van Siclen Ave / Livonia Ave 3-train station for easy Manhattan/Brooklyn access
• 🏫 Close to P.S. 13 Roberto Clemente and Achievement First East New York Charter School
• 🏥 Near Brookdale University Hospital Medical Center and NYC Health + Hospitals/Gotham Health
• 🌳 Walking distance to Linden Park and Callahan-Kelly Playground for outdoor recreation
• 🛒 Minutes to Gateway Center Mall for shopping (Target, Home Depot, ShopRite)
• 🍽️ Surrounded by local eateries like Peaches, Juniors, and Caribbean restaurants
• 🏋️‍♂️ Nearby Blink Fitness and Planet Fitness for health and wellness
• 🏦 Multiple banks and essential services within a short radius
• 🚌 Easy access to B20, B83, and B6 bus lines
• 🏢 Proximity to industrial suppliers and business services
• 🎭 Short drive to Kings Theatre and Brooklyn Museum for arts and culture
• 🛍️ Local grocery stores and bodegas for daily convenience