New York, NY 11212

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.02 Acres

Financials

Price:$949,000
Annual Taxes:$2,685.36
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of RE/MAX Edge

Excellent opportunity for investors to acquire a mixed use property located in the Brownsville East New York area of Brooklyn.

Description

Excellent opportunity for investors to acquire a mixed-use property located in the Brownsville/East New York area of Brooklyn. The building features a ground-floor commercial space currently leased to a stable tenant, along with two large 3-bedroom apartments above — all fully rented and producing consistent income. • Commercial Unit: Street-level retail store • Apartments: Two spacious 3-bedroom units • Total Gross Annual Income: $85,544 This property offers a turnkey investment with solid cash flow and upside potential through future rent growth. Conveniently located near shopping, schools, and public transportation, offering excellent visibility and steady foot traffic.

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.