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$3,999,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $999
MLS Listing ID 498543
Year Built 1940
Annual Tax Amount $24,614
Property Sub-Type Commercial
Property Description
Proudly presenting this renovated commercial building in Gravesend Brooklyn, a true gem in Gravesend, Brooklyn. With over $1.6 million invested solely in its renovation, the owner's dedication to excellence is evident in every detail. Located on Avenue U, a highly trafficked area, this property is poised for success. Spanning an impressive 8,000 square feet in total: 4,000 square feet above ground, 4,000 square ft below. This building offers ample space for your business ventures. What sets it apart is the additional finished basement, which can be used as a party room. Currently operating as a restaurant, this versatile space presents endless possibilities. The property comes with a triple net lease, ensuring a stable and predictable income stream. With an estimated monthly rent of $12,500, this opportunity beckons investors seeking a modern commercial building. Don't miss your chance to own this modern commercial building that epitomizes quality and potential. Seize this incredible and watch your business flourish. Act now to secure your future in this thriving location!
Location
State NY
County Kings (brooklyn)
Area Gravesend
Zoning R5
Rooms
Basement Finished, Full
Interior
Interior Features Other
Exterior
Roof Type Flat
Present Use Restaurant
Building
Story 1
Foundation Poured Concrete
Others
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Momentum Real Estate LLC
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716



