New York, NY 11207

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$1,300,000
Annual Taxes:$13,572
Listing Courtesy of Newman Realty Inc

Exceptional mixed use investment opportunity situated on a prime corner lot in Brooklyn !

Description

Exceptional mixed-use investment opportunity situated on a prime corner lot in Brooklyn! This income-producing property features three renovated residential apartments, including two spacious 3-bedroom, 1-bath units and one renovated 1-bedroom, 1-bath unit. The property also offers two commercial storefronts—one currently occupied by a successful deli with a secure 5-year lease in place, while the second storefront, previously used as a barbershop, offers flexibility for a variety of retail, office, or service businesses. The residential units have been tastefully renovated and present an excellent opportunity for owner-occupants or investors seeking strong rental potential. With four vacant units, buyers have the ability to lease at current market rents and maximize cash flow from day one. Additional features include a full unfinished basement offering ample storage or future possibilities. Whether you’re expanding your investment portfolio or looking for a versatile mixed-use property with tremendous upside, this corner-location gem delivers exceptional income potential.

Amenities

  • Electricity Available
  • Natural Gas Available

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.