Rare opportunity to add the largest mixed use property currently available in the 11236 zip code to your portfolio.
| Website: | https://www.nestseekers.com/5402645 |
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| Address: | New York, NY 11236 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Description
Rare opportunity to add the largest mixed-use property currently available in the 11236 zip code to your portfolio. A newly constructed (2024) elevator building featuring 12 residential units, ground-floor retail occupied by a pawn shop, 8 enclosed parking spaces, and a 35-year 421-a tax exemption.
This 4-story building is home to 8 free-market units and 4 affordable units, along with 2,223SF of retail space, private parking, laundry, and accessory and bicycle storage. The residential rent roll is strong at $31,122/month ($373,464/year). There are 8 parking spaces that can rent for $150/space ($14,400/year). Owner pays electric (approximately $600/month for common areas and the elevator) and water ($16,746.78 for 2025).
This property offers a rare combination of new construction, multiple income streams, and long-term tax advantages in Brooklyn.
Amenities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Water Connected
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578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
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| Listing Courtesy of Legacy Estate Realty | |