Remarks

It is my honor Introducing this amazing One store and Five family mix- use property, located at Bensonhurst District. This corner property offers a prime investment opportunity, with a building size of 22x80 and a lot size of 22.25x83.33 feet. The property is currently free market and features a commercial space (One Store) along with five well-maintained all two-bedroom apartments. This property generates an impressive maximum monthly, while benefiting from low annual property taxes. Additional yearly costs include for water, for insurance, and for heating, making it an attractive option for investors seeking efficient management. The building is equipped with a newly updated heating system and hot water and features a well-maintained brick exterior with updated windows and roof. The basement, accessible via a separate entrance, offers additional storage space, enhancing the building’s functionality. The property enjoys a phenomenal cap rate of around 5.5% income potential. Located near convenient transportation options, including the D-Line, it is close JHS 227 & Ps 176, New Utrecht High School, as well as the popular 18th Avenue shopping area. Whether you’re looking for a steady investment or a space to live while earning additional income, this well-maintained property represents a remarkable opportunity in a highly desirable location.

Details

MLS#: 486545
Price: $2,199,000

Style: Mixed Use
Sq Ft: 5280
Year Built: 1931

County: Kings (Brooklyn)
Tax Fee: 12068.00