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.
| Website: | https://www.nestseekers.com/5520932 |
|---|---|
| Address: | 251 Bergen Street Brooklyn, NY 11217 |
| Cross street: | Nevins Street |
| Type: | Townhouse |
| Era: | Post-war |
| Floors: | 4 |
| Ownership: | Mixed Use |
|---|---|
| Rooms: | 8 |
| Bedrooms: | 4 BR |
| Bathrooms: | 4 |
Financials
Price:$2,200,000
Real estate tax:$1,666
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.
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
- Voice Intercom
- Walk-up
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Charles Rutenberg, LLC | |
