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357 Legion Street, Brooklyn, NY 11212

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Property Description

FOR SALE | 357 Legion Street, Brooklyn, NYPrime Corner Mixed-Use | Daycare Ready | Development UpsideAn exceptional opportunity to own a high-visibility corner property offering three distinct value plays in one asset.1. Fully Approved Daycare - Ready to OpenThe first floor and lower level are fully built out and approved for a daycare facility accommodating 90+ children (designed for up to 100). Delivered vacant with all permits in place, this plug-and-play space features 11-foot ceilings, new LED lighting, full sprinkler system (including basement), and brand-new HVAC systems. Perfect for an operator looking to open immediately without construction delays.2. Development Potential - Expand & Add UnitsSituated in an R6 zoning district with approximately 1,826 SF of unused FAR, the property offers clear potential to build additional residential units and significantly increase long-term value.3. Strong Income + Commercial UpsideThe property includes two renovated 3-bedroom, 1-bath apartments, currently generating a monthly income of $7,600. An investor can lease the commercial space at market rent to dramatically enhance cash flow and overall return of a 10% Cap in a Brand new Building.Positioned on a prominent corner at Legion Street and Riverdale Avenue with excellent visibility and signage potential, this is a rare opportunity for an operator, developer, or investor to capitalize on immediate income and substantial upside in a growing Brooklyn market.

357 Legion Street | MLS# 960797

This commercial property located at 357 Legion Street, Brooklyn, NY 11212 is currently listed for sale with an asking price of $2,650,000. Search Brooklyn real estate on hillary-philpott.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: Finished
Basement: Yes
Cooling: Central Air
Heating: ENERGY STAR Qualified Equipment
Lot Size: 0.06 Acres
Taxes: $6,757
Year Built: 1930

Feature Descriptions

Building Area Total: 4605
Business Type: Child Care, Community Center
Days on Site: 16
Exterior: Brick
On Market Date: 2026-02-15
Parcel Number: 03595-0027
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Zalman L. Pavel
Agency Phone: 929-214-2120

Shown By

Agent Name: Hillary Giuda-Philpott
Agent Phone: (607) 435-4238
Agency Title: Timberland Properties

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