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Commercial Sale in Brooklyn, New York, Brooklyn, NY 11209 | Web ID: 858608 | $2,599,000

 
Commercial Sale in New York - 5th  Brooklyn, NY 11209Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-2Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-3Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-4Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-5Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-6Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-7Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-8Commercial Sale 5th  Brooklyn, NY 11209, MLS-858608-9
 

Property Description

Exceptional Opportunity To Acquire A Fully Leased Mixed-use Building In The Heart Of Bay Ridge, One Of Brooklyn’s Most Sought-after Neighborhoods. This Four-story Property Sits On A 20 X 89 Lot And Features A 20 X 75 Building Footprint, Maximizing Usable Space Across All Levels. The Asset Includes A High-visibility Retail Storefront On The Ground Level, Currently Occupied By A Long-term Commercial Tenant, And Seven Residential Apartments Above—each With Updated Leases And Strong In-place Income. The Unit Mix Offers A Range Of Layouts That Appeal To The Area’s Rental Demand, Ensuring Consistent Cash Flow And Minimal Vacancy. Located Near Public Transportation, Retail, Dining, And Everyday Conveniences, The Building Enjoys Excellent Foot Traffic And Local Amenities. With Gross Annual Income Exceeding $206, 000, This Investment Provides Immediate Returns And Long-term Growth Potential For Investors Seeking Durable Income In A Prime Bay Ridge Location. Prime Bay Ridge Location Surrounded By Shops, Restaurants, And Easy Access To Public Transportation. High Foot Traffic And Vibrant Neighborhood Charm.

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Commercial Sale
Tax $26,551.00
# Stories 4
Year Built 1936
Basement Full
Construction Brick
Total Units 8
Lot SqFt 1,855
Cooling None
Util Incl Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition Actual
Days On Market 1
Tax Assessed Value 509850
Tax Lot 10
Units 8
Listing information courtesy of: Coldwell Banker Reliable R E

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Fax: 718-896-7020

 

 

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