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$6,499,000
Est. payment /mo
7,400 SqFt
UPDATED:
02/19/2025 11:17 AM
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $878
MLS Listing ID 484018
Year Built 1931
Annual Tax Amount $56,396
Lot Dimensions 30x100
Property Sub-Type Mixed Use
Property Description
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!
Location
State NY
County Kings (brooklyn)
Area Park Slope
Zoning C4-3A
Rooms
Basement Full, Semi-Finished
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Ceramic, Concrete, Granite, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Century 21 Realty First
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716