Remarks

Welcome to this unique mixed-use building in the heart of prime Midwood! Nestled in the vibrant community of Midwood, this mixed-use building measures 20x50 and sits on a 20x90 lot. The first floor boasts a spacious and well-laid-out restaurant space, providing an excellent opportunity for entrepreneurs to establish their culinary vision. With a high-visibility location, this space is ready to become a local hotspot. The second floor presents a unique residential unit featuring four bedrooms, one bathroom, a living room, and a kitchen. Perfect for an owner-occupant, this space allows for the convenience of living on-site while enjoying the potential income from the restaurant below. The property will be delivered vacant. Whether you're an aspiring restaurateur or looking to create a dream home, this property offers a blank canvas to bring your vision to life. With a restaurant on the first floor and a residential above, this property is a versatile investment with multiple income streams and potential uses. Enjoy the financial advantage of low property taxes of $6,247, offering a cost-effective ownership experience for investors or owner-occupants looking to maximize their returns. This presents an excellent opportunity for investors and renovators to customize the property to their specifications. The property is being sold As Is. Embrace the charm of this mixed-use gem and turn it into a thriving hub for both commercial and residential pursuits. Call today to schedule a showing!

Details

MLS#: 479028
Price: $1,780,000

Style: Mixed Use
Sq Ft: 2000
Year Built: 1931

County: Kings (Brooklyn)
Lot Size: 1800
Tax Fee: 6247.00