Nest Seekers

5 Family TownhouseRare mixed use townhouse featuring a ground floor deli and four residential apartments above, offering strong in place income with long term upside potential.

251 Bergen Street
Brooklyn, NY 11217

Listing

Web ID:5520932
Website:https://www.nestseekers.com/5520932
Cross street:Nevins Street
Building:251 Bergen Street Brooklyn
Type:Townhouse
Era:Post-war
Floors:4

Property

Ownership: Mixed Use
Rooms: 8
Bedrooms: 4 BR
Bathrooms: 4½

Financials

Price:$2,200,000
Real estate tax:$19,209

Description

5 Family Townhouse
Rare mixed-use townhouse featuring a ground-floor deli and four residential apartments above, offering strong in-place income with long-term upside potential.

The commercial space is occupied by an established deli with approximately three years remaining on the lease and built-in 5% annual escalations, providing steady cash flow and predictable growth.
Above the retail are four residential units .

This asset presents an attractive cap rate with immediate income and future value-add potential through strategic management of the residential component. Ideal for investors seeking stable cash flow in a classic New York mixed-use property with long-term appreciation potential. Call for more information.

Amenities

Alarm System;
  • Voice Intercom
  • Walk-up

Location

251 Bergen Street Brooklyn NY 11217 USA

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Charles Rutenberg, LLC
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