The mixed-use corner building is a great investment opportunity. The building is fully occupied and boasts a great mix of income streams. On the second floor, there are three apartments which are all currently leased out. The ground floor is occupied by a store with a basement, which is also currently leased out. Additionally, there are three parking garage spaces available for tenants or customers. The lot size for the building is 20x100, which offers a good amount of space for tenants and customers. The building has a CAP rate of 8+%, which is a good return on investment. However, there is also potential for the CAP rate to grow, which makes this an even more attractive investment opportunity. Overall, the mixed-use corner building is a fully occupied investment opportunity that offers multiple income streams. With its great location and potential for growth, this property could be an excellent investment for the right buyer.
Sold for $1,195,000 on 07/10/24
$1,195,000
4722 Avenue D, Brooklyn, NY 11203
--beds
2,830sqft
Mixed Use
Built in 1931
2,000 Square Feet Lot
$1,064,700 Zestimate®
$422/sqft
$5,152 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 10, 2024 at 03:01am
Listed by:
Anna Soboleva 347-488-6474,
RE/MAX Edge,
Vadim Blinov 631-771-7777,
RE/MAX Edge
Source: BNYMLS,MLS#: 477199
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Parquet
- Basement: Finished
Interior area
- Total structure area: 2,830
- Total interior livable area: 2,830 sqft
Property
Parking
- Total spaces: 3
- Parking features: Private Drive, 3 Spaces, Attached Garage
- Has attached garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Design
Features
- Stories: 2
- Exterior features: Storage
Lot
- Size: 2,000 sqft
- Dimensions: 20x100
- Features: Sprinkler – Underground
Details
- Additional structures: Storage Building
- Parcel number: 047780010
- Zoning: R4
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Other, Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1931
Utilities & green energy
- Electric: 110 V
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Brooklyn
- Subdivision: Brooklyn