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$2,990,000
Est. payment /mo
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 500348
Annual Tax Amount $27,965
Property Sub-Type Mixed Use
Property Description
Great opportunity to own a prime mixed-use building in the heart of Sunset Park's 5th Avenue business district! Featuring 4 residential units and 2 commercial units with a current rent roll of approximately $16,700/month, this property offers immediate cash flow with tremendous upside. All tenants are on a month-to-month basis, the future owner has the flexibility to adjust rents and unlock the property's full income potential. The building sits on a 25x100 lot with a 25x65 building, and the first floor is extended to 25x95. Ideally located just minutes away from the R train and only a short distance from Brooklyn's bustling Chinatown on 8th Avenue. With strong residential demand and high commercial foot traffic, this is a rare investment opportunity that combines high return on investment, stability, growth, and long-term value in one of Brooklyn's most sought-after neighborhoods. Apartments will be delivered vacant at closing.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning C2-4/R6A
Rooms
Basement Cellar
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Other
Heat Source Gas
Exterior
Exterior Feature Other
Roof Type Other
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by E House Realty & Mgt. Inc.
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716