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$2,999,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,249
MLS Listing ID 498378
Year Built 1931
Annual Tax Amount $19,214
Property Sub-Type Mixed Use
Property Description
Prime corner mixed use building in Sunset Park. High-grossing retail plus 3 residential units.
Secure a high-yield asset in the heart of Sunset Park. This commanding corner brick building offers a rare combination of immediate cash flow and operational efficiency. The ground floor features a thriving, established bakery generating over $400,000 in annual gross revenue-offered with the unique flexibility for the new owner to take over the business or retain the existing tenant. It could potentially produce around $168,000 of rental income a year when fully rented.
the residential portion consists of three large light filled apartments: two 4-bedroom units and one 3-bedroom unit. Designed for low maintenance ownership with separate boilers and hot water heaters, all tenants pay their own utilities. A finished basement provides ample storage and operational space, while the fenced yard offers a private urban retreat. Located minutes away from the D train, this is a blue-chip opportunity for a savvy investor or an entrepreneur looking to live and work in one of Brooklyn's most resilient neighborhoods.
Secure a high-yield asset in the heart of Sunset Park. This commanding corner brick building offers a rare combination of immediate cash flow and operational efficiency. The ground floor features a thriving, established bakery generating over $400,000 in annual gross revenue-offered with the unique flexibility for the new owner to take over the business or retain the existing tenant. It could potentially produce around $168,000 of rental income a year when fully rented.
the residential portion consists of three large light filled apartments: two 4-bedroom units and one 3-bedroom unit. Designed for low maintenance ownership with separate boilers and hot water heaters, all tenants pay their own utilities. A finished basement provides ample storage and operational space, while the fenced yard offers a private urban retreat. Located minutes away from the D train, this is a blue-chip opportunity for a savvy investor or an entrepreneur looking to live and work in one of Brooklyn's most resilient neighborhoods.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6
Rooms
Basement Finished, Separate Entrance
Interior
Interior Features Restrooms - Staff
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by RE/MAX Real Estate Professiona
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716