Remarks

Great opportunity to own this remarkable mixed-use building: 2 stores plus 4 – units with a private parking spot, and located in a busy commercial area, 57th St between 8th Ave and 9th Ave of Brooklyn, NY. The building’s size: 25x73', lot size: 30x100' lot, R6 Zoning. The First Floor and Second floor are 2 commercial spaces with a private elevator and suitable for medical clinic, community center, elderly center, childcare center, etc. Second Floor: 2F: 3 bedrooms and 1 Bath; 2R: 4 bedrooms and 1.5 baths. Third Floor: 3F: 3 Bedrooms and 1 Bath; 3R: 3 bedrooms and 1.5 baths. 2 commercial space leases will end in 2025. The apartments are currently rented month to month. One of the apartments will be deliver vacant.
This high-income real estate building combines consistent cash flow with future growth potential. The property offers an excellent income and appreciation potential, whether you are an experienced real estate investor or looking to add to your portfolio. Don’t miss out on this chance. Gross income: $250,120/Yr; Insure: $7100, property Tax: $30214. 7 electric meters and 7 Gas meters; 2 commercial stores have separate heaters and hot water boilers. For more details, please call the listening agent.

Details

MLS#: 488296
Price: $4,080,000

Style: Mixed Use
Sq Ft: 6105
Year Built: 1920

County: Kings (Brooklyn)
Tax Fee: 30214.00