Remarks

This mixed-use building offers an exceptional opportunity for both residential and commercial use. Located on a 20x100 ft lot, the 20x60 ft building features a spacious storefront on the ground floor with an additional extension (20x100 ft) that currently houses a well-established bakery, operating successfully for over 20 years with a monthly rent of $7,600. The second floor boasts a recently renovated 3-bedroom apartment with a large rear balcony, generating $2,750/month in rental income. The building has separate heating systems for each unit, ensuring comfort and convenience for tenants. This property presents a unique investment opportunity in a prime location with strong rental income potential.

Details

MLS#: 490249
Price: $1,750,000

Style: Mixed Use
Year Built: 1931

County: Kings (Brooklyn)
Tax Fee: 27121.00