Mixed Use Investment Opportunity.


Property

Website:https://www.nestseekers.com/5550655
Address:
New York, NY 11210
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,400,000
Annual Taxes:$7,554

Description

Mixed-Use Investment Opportunity. Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush. The ground-floor retail is delivered vacant, with 19'10" of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write. Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real. A true Brooklyn commercial play in a corridor that's been busy for a hundred years.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Water Connected

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of 5 Boro Realty Corp