New York, NY 11212

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,250,000
Annual Taxes:$3,678.48
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of RE/MAX Edge

Prime opportunity for investors to acquire a semi attached corner mixed use property located in the heart of Brownsville, Brooklyn.

Description

Prime opportunity for investors to acquire a semi-attached corner mixed-use property located in the heart of Brownsville, Brooklyn. The building features: • One ground-floor commercial unit, currently leased to a barbershop • Three residential apartments — two 2-bedroom units and one 3-bedroom unit, all fully occupied • Rear garage generating $700/month in additional income The property produces a gross annual income of approximately $127,020, offering consistent cash flow and strong upside potential through future rent increases. Situated on a visible corner with excellent foot and vehicle traffic, near shopping, schools, and public transportation. This property represents a turnkey, income-producing asset ideal for investors seeking stable returns and long-term appreciation in an emerging Brooklyn neighborhood.

Long Island MLS

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.