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$3,700,000
Est. payment /mo
12,871 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,871 sqft
Price per Sqft $287
MLS Listing ID 498517
Year Built 1931
Annual Tax Amount $50,286
Property Sub-Type Mixed Use
Property Description
Prime Sunset Park Mixed-Use | 19 Units + 2 Retail | AT&T Rooftop Income
Institutional-quality opportunity to acquire a fully stabilized mixed-use asset in Sunset Park, one of Brooklyn's most supply-constrained and consistently high-performing rental corridors. The property consists of 19 residential units, two ground-floor retail stores, and a long-term rooftop lease with AT&T, delivering diversified income streams and durable cash flow.
The residential component features a strong unit mix from studios to three-bedroom apartments, supporting consistent demand and long-term occupancy. The building is 100% occupied, with all apartments rent-stabilized and no rent-controlled units, providing predictable in-place income with long-term value preservation.
This is a true core Sunset Park asset offering multiple income layers, downside protection, and long-term appreciation potential in a neighborhood with limited new supply and proven rental strength—an ideal acquisition for investors seeking secure cash flow and generational Brooklyn real estate.
Institutional-quality opportunity to acquire a fully stabilized mixed-use asset in Sunset Park, one of Brooklyn's most supply-constrained and consistently high-performing rental corridors. The property consists of 19 residential units, two ground-floor retail stores, and a long-term rooftop lease with AT&T, delivering diversified income streams and durable cash flow.
The residential component features a strong unit mix from studios to three-bedroom apartments, supporting consistent demand and long-term occupancy. The building is 100% occupied, with all apartments rent-stabilized and no rent-controlled units, providing predictable in-place income with long-term value preservation.
This is a true core Sunset Park asset offering multiple income layers, downside protection, and long-term appreciation potential in a neighborhood with limited new supply and proven rental strength—an ideal acquisition for investors seeking secure cash flow and generational Brooklyn real estate.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R7A
Rooms
Basement Unfinished
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Ben Bay Realty Co
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716