Introducing 2191 Bergen St, a 3-story, 3-unit mix-use property located in up-and-coming Ocean Hill, a subsection of Bedford-Stuyvesant in Brooklyn. This property has plenty of possibilities ideal for a user/investor or developers alike! The property is built approx. 2,430SF on a 18FT x 107.17FT lot. Perfect for the new owner looking to occupy the retail space with their business and reside in one of the residential units or utilize it for their employees. For investors, the upside is the residential units are free market and could utilize renovation and the commercial space can be configured along with the currently very low RE taxes of $1,477 annual in protected Tax Class 1. The property is zoned for R7A & C2-4 located in an opportunity zone, which allows for a variety of development options, including residential, commercial, or mixed-use on approx. 7,812 buildable square footage. Perfect for experienced developers looking to add to the community and take advantage of preferential tax treatment. There is no capital gains tax upon the sale of investments in Qualified Opportunity Zone (QOZ) if held for 10 years. There is also no depreciation recapture. The building is situated on a developing area in neighborhood near new residential & commercial developments. Plenty of amenities in the area from Bushwick Ave, Atlantic Ave, Eastern Parkway, Jamaica Ave, etc. with ever-expanding choice of supermarkets, restaurants, cafes, grocery stores, and nearby local parks & playgrounds including renowned Highland Park. The L/J/A/C subways on bustling Atlantic Ave/Rockaway Ave and Broadway Junction along with the LIRR (Long Island Railroad) nearby makes an easy commute into North Brooklyn, Queens, and Manhattan. Contact us today for the offering memo to learn more about this opportunity! All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyer to verify all information.
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