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$2,650,000 Just Listed
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Property Description
FOR SALE | 357 Legion Street, Brooklyn, NY Prime Corner Mixed-Use | Daycare Ready | Development Upside An exceptional opportunity to own a high-visibility corner property offering three distinct value plays in one asset. 1. Fully Approved Daycare - Ready to Open The 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 Units Situated 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 Upside The 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.
Full Property Details
Full Property Details for 357 Legion St
General
- Price: $2,650,000
- Taxes: $6,757
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 960797
- Updated: 2/15/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Child Care, Community Center
Location
- County: Kings (Brooklyn)
- Driving Directions: off Riverdale
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 4605
- Square Feet: 4,605
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0607
- Lot Size (Sq. Ft.): 2,646
- Zoning: R6
Financial Considerations
- Tax Amount: $6,757.84
Disclosures and Reports
- Special Conditions: None
- Property ID: 03595-0027
Listed by Zalman L. Pavel
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Schools
Schools serving 357 Legion St
School District:New York City Geographic School District 23
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357 Legion St
Date
Details
Price
Change
Source
2/15/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 357 Legion St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,925
6%
$34,477
-60%
2024
$6,533
2%
$86,400
4%
2023
$6,398
1%
$83,100
8%
2022
$6,341
-51%
$76,620
10%
2021
$12,890
99%
$69,960
75%
2020
$6,482
210%
$39,900
—
2019
$2,093
17%
$39,900
328%
2017
$1,794
—
$9,331
6%
2017
$1,794
8%
$8,803
6%
2016
$1,660
2%
$8,305
—
2015
$1,624
9%
$8,305
1%
2014
$1,492
12%
$8,241
6%
2013
$1,336
—
$7,776
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 357 Legion St
357 Legion Street, Brooklyn, NY 11212 (MLS# 960797) is a Commercial property. 357 Legion Street is currently listed for $2,650,000 and was received on February 15, 2026. Want to learn more about 357 Legion Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

