321 DEKALB Avenue, New York City, NY 11205

  • $3,900,000
Active
321 DEKALB Avenue, New York City, NY 11205
  • $3,900,000

Overview

Property ID: RLS20004629
  • Apartment, Residential
  • Property Type
  • 1
  • Bathroom
  • 1880
  • Year Built

Description

Prime Commercial Condominium & Established Art Supplies Business in Clinton Hill, Brooklyn

An incredible opportunity to own a highly profitable art supplies store alongside a prime commercial condominium in the heart of Clinton Hill, Brooklyn! Located directly next to Pratt Institute, this business has been a cornerstone of the community for nearly 80 years, with the current owner successfully running it for the past 40 years.

This turnkey business generates an impressive $300,000 net income annually and has a strong customer base, including Pratt faculty, students, and local artists. With 3,903 SF of prime retail space and an additional 1,500 SF basement, the property offers ample room for expansion and further revenue opportunities.

A beautifully written New York Times feature highlights this iconic business, showcasing its deep roots in the community. The current owner is ready to retire and is offering training and transition support to ensure continued success for the new owner.

Don’t miss this rare opportunity to acquire a thriving business with a built-in customer base, historic significance, and unlimited potential in one of Brooklyn’s most artistic and dynamic neighborhoods!

Details

Updated on February 25, 2025 at 11:50 pm
  • Property ID: RLS20004629
  • Price: $3,900,000
  • Rooms: 3
  • Bathroom: 1
  • Garage Size: x x
  • Year Built: 1880
  • Property Type: Apartment, Residential
  • Property Status: Active

Mortgage Calculator

$25,205.98
Monthly
  • Down Payment $780,000.00
  • Loan Amount $3,120,000.00
  • Monthly Mortgage Payment $18,705.98
  • Property Tax $6,500.00
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Jerry Wang
  • Jerry Wang