7401 18th AVE, Brooklyn, NY 11204
7401 18th AVE, Brooklyn, NY 11204
7401 18th AVE, Brooklyn, NY 11204
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$2,999,000
Est. payment /mo
5,100 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $588

MLS Listing ID 504379

Year Built 1931

Annual Tax Amount $39,059

Property Sub-Type Mixed Use

Property Description

Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.

Location

State NY

County Kings (brooklyn)

Area Bensonhurst

Zoning R5

Rooms

Basement Full, Separate Entrance

Interior

Interior Features None

Hot Water Gas

Heating Gas

Flooring Hardwood, Laminate, Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Story 3

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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