PRICE JUST REDUCED BY $25,000. Meticulously maintained, FULLY OCCUPIED, completely updated mixed-use brick building totaling 3,690 SF, with 1st Floor Retail - Storefront + the basement used by commercial tenant, and 2 Spacious One BDR Residential units. This well managed building with updated electric system, new Boiler, W/H, windows, rubber roof, kitchen cabinets, granite counter-tops, appliances, and so on. You can't ask for the better location. The property is located on the busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn, steps to all the public transportation, including subway stop 2 short blocks away, shopping, schools, parks, restaurants and places of worship. This property comes with significant rental upside. It is an excellent choice for the owner-user or savvy investor. Gross income $76,246 Total expenses $9,141. Net income $67,105 CAP Rate 5.48%. Please check attached Offering Memorandum for the details.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
