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  2. 248 Avenue P
  • 248 Avenue P
  • $ 1,475,000
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204

248 Avenue P

Bensonhurst   |   West 6th St & West 5th St

Building For Sale
$ 1,475,000
Ownership Mixed Use
Lot Size 30'x54'
Status Active
Real Estate Taxes [Per Annum] $ 37,539
Building Size 30'x49'
Year Built 1935
ASF/ASM 4,522/420
 

Photos

248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
248 Avenue P Bensonhurst Brooklyn NY 11204

Property Description

Turn Key - Fully renovated and structurally sound mixed-use brick corner property on vibrant Avenue P between West 5th and West 6th Streets in the desirable Gravesend/Bensonhurst section of Brooklyn. Spanning approximately 4,522sqft, this high-income producing asset was fully rebuilt with a new CO in 2005. Huge 2021 upgrades include a new flat roof with skylights, updated sewer and water lines, new garage door with quiet motor, limestone steps, concrete landing, and refreshed stucco exterior. The property features 2 medical office spaces and one spacious residential unit with the potential to be converted into two apartments. Additional highlights include a finished indoor one-car garage with attic storage, wheelchair-accessible lift, separate utilities, and private entrances for each unit. Each commercial space is equipped with its own central air and heating system. The cellar/street-level unit is occupied by an established podiatry practice, offering a direct entrance, reception area, five exam rooms, 1.5 baths, and ample storage. The 1st floor commercial space is fully renovated featuring a large reception area, five exam rooms with bathrooms, a handicap-accessible bathroom, kitchen, and attic storage. The 2nd floor residential unit was newly renovated in 2025, offering approximately 1,500sqft with 3 bedrooms and 1 full bath, hardwood floors, a new kitchen and bathroom, stainless steel appliances, and updated cabinetry and countertops. Property with a projected NOI of $114,761 and a strong 7.5%+ cap rate, this is a prime income-generating investment. Conveniently located near the N and F trains, as well as the B4, B6, and B82 bus lines.
Turn Key - Fully renovated and structurally sound mixed-use brick corner property on vibrant Avenue P between West 5th and West 6th Streets in the desirable Gravesend/Bensonhurst section of Brooklyn. Spanning approximately 4,522sqft, this high-income producing asset was fully rebuilt with a new CO in 2005. Huge 2021 upgrades include a new flat roof with skylights, updated sewer and water lines, new garage door with quiet motor, limestone steps, concrete landing, and refreshed stucco exterior. The property features 2 medical office spaces and one spacious residential unit with the potential to be converted into two apartments. Additional highlights include a finished indoor one-car garage with attic storage, wheelchair-accessible lift, separate utilities, and private entrances for each unit. Each commercial space is equipped with its own central air and heating system. The cellar/street-level unit is occupied by an established podiatry practice, offering a direct entrance, reception area, five exam rooms, 1.5 baths, and ample storage. The 1st floor commercial space is fully renovated featuring a large reception area, five exam rooms with bathrooms, a handicap-accessible bathroom, kitchen, and attic storage. The 2nd floor residential unit was newly renovated in 2025, offering approximately 1,500sqft with 3 bedrooms and 1 full bath, hardwood floors, a new kitchen and bathroom, stainless steel appliances, and updated cabinetry and countertops. Property with a projected NOI of $114,761 and a strong 7.5%+ cap rate, this is a prime income-generating investment. Conveniently located near the N and F trains, as well as the B4, B6, and B82 bus lines.

Listing Courtesy of Momentum Real Estate LLC

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
248 Avenue P Bensonhurst Brooklyn NY 11204
248 Avenue P Bensonhurst Brooklyn NY 11204

Building Details [248 Avenue P]

Ownership Mixed Use
Block/Lot 6626/10
Building Size 30'x49'
Zoning R5B
Year Built 1935
Floors 2
Lot Size 30'x54'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 499914