Remarks

Welcome to this Solid brick construction semi-detached 2-family and 5-store in Sunset Park. Attention Investors. I am excited to present a prime investment opportunity located in the highly visible and heavily trafficked Sunset Park area. This property sits on a 30 x 100 lot and is a corner property featuring a mixed-use building with 5 stores and 2 residential units. Situated in the bustling 5th Avenue business district, this property offers exceptional exposure and foot traffic. Property Highlights mixed-use building: Comprising 5 retail stores and 2 residential units. Located on a prominent corner in a high traffic area. The current rent rolls: Net Operating Income (NOI) is approximately $358,749.40 annually. Convenient located close to public transportation, including the R train, and just a few minutes from Brooklyn’s Chinatown on 8th Avenue. The amenities include easy access to shopping, grocery stores, restaurants, and more. This property is a rare find in Sunset Park and offers great potential for both retail and residential income. With its strategic location and substantial NOI, it presents an outstanding investment opportunity. For more information or to schedule a viewing, please contact me at your earliest convenience. Don’t miss out on this exceptional investment opportunity!

Details

MLS#: 484018
Price: $6,499,000

Style: Mixed Use
Sq Ft: 7400
Year Built: 1931

County: Kings (Brooklyn)
Tax Fee: 56396.00