Remarks

On the border of Prospect Lefferts Garden/Flatbush, one of Brooklyn's hottest neighborhoods, sits a 3-story 2-family plus store, attached, brick, mixed-use building. Great location for any business. Two six room apartments above the store, each feature three bedrooms, living room, dining room, kitchen and three-quarter bath. The building has been fully renovated in 2023 and both apartments are rented out at market price. The 3rd floor is rented for $3600 and the second floor is rented for $3800. Each apartment has a washer/dyer and each room has split unit AC. Commercial space is currently being rented for $5000.
Current gross rent roll $148,800 - Expenses are $14,075 Cap rate of 7.4%

Lot: 20 ft x 80 ft. Building: 20 ft x 50 ft. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $5843.10. The commercial space will be delivered vacant. Street level store on commercial avenue with excellent exposure. Unfinished basement. Zoning: R6 Approx. Year Built: 1931. Stories: 3.

Details

MLS#: 483655
Price: $1,800,000

Style: Mixed Use
Sq Ft: 3300
Year Built: 1931

County: Kings (Brooklyn)
Lot Size: 1600
Tax Fee: 5843.10