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Commercial Sale in Brooklyn, New York, Brooklyn, NY 11223 | Web ID: 858279 | $1,950,000

 
Commercial Sale in New York - 6th  Brooklyn, NY 11223Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-2Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-3Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-4Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-5Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-6Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-7Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-8Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-9Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-10Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-11Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-12Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-13Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-14Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-15Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-16Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-17Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-18Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-19Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-20Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-21Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-22Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-23Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-24Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-25Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-26Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-27Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-28Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-29Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-30Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-31Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-32Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-33Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-34Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-35Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-36Commercial Sale 6th  Brooklyn, NY 11223, MLS-858279-37
 

Property Description

This Fully Occupied, Well-maintained Brick Mixed-use Building In The Heart Of Vibrant Gravesend, Brooklyn, Offers An Exceptional Investment Opportunity. Spanning Approximately 3, 900 Square Feet Across Two Floors On A 25ft X 100ft Lot, This 1931-built Property (zoned R5b) Features Four Retail Units On The Ground Floor, Including A Deli With Basement Access, And Two Spacious Residential Apartments On The Second Floor (one 3-bedroom, One 2-bedroom, Each Approximately 975 Sq Ft). The Building Generates Strong Income With A Current Gross Annual Income Of $131, 760 And A Projected Gross Of $149, 760 After Recommended Rent Adjustments, Yielding A Current Noi Of $85, 542 And A Projected Noi Of $92, 977.18 (based On Expenses Of $56, 782.82, Including Taxes, Utilities, And Insurance). Its Robust Brick Construction Ensures Low Maintenance, Making It A Turnkey Asset For Investors. Ideally Situated Near The Avenue U Subway Station (n And W Lines, Rated 4.0 With 37 Reviews), The Property Offers Excellent Accessibility To Manhattan And Beyond. Gravesend’s Charm Shines Through With Proximity To Iconic Destinations Like L&b Spumoni Gardens, Renowned For Its Square Sicilian Pizza And Spumoni, As Well As Coney Island’s Famous Boardwalk, Amusement Parks, And The New York Aquarium, All Just A Short Distance Away. This Property Combines Steady Cash Flow, Growth Potential, And A Prime Location In A Sought-after Brooklyn Neighborhood.

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Commercial Sale
Tax $29,332.00
Year Built 1931
Basement Bilco Door(s), Finished, Full, Storage Space
Construction Brick
Total Units 6
Lot SqFt 2,500
Cooling Wall/Window Unit(s)
Util Incl Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Available, Water Connected
Days On Market 1
Lot Features Corner Lot
Tax Assessed Value 279900
Units 6
Listing information courtesy of: Crifasi Real Estate Inc

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