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Single Family House for Sale in Brooklyn, New York, Brooklyn, NY 11203 | Web ID: 990289 | $3,900,000

 
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Property Description

Fully Renovated Mixed-use Property For Sale This Turnkey, Fully Occupied Mixed-use Property Presents A Compelling Investment Opportunity With Immediate, Stable Cash Flow And Strong Long-term Upside In A Rapidly Developing Brooklyn Corridor. Residential Component (4) Four Fully Renovated Apartments (2) Four-bedroom Units (2) Two-bedroom Units Each Unit Features Independent Boilers For Separate Heating Control 100% Occupied With Section 8 Tenants, Providing Reliable, Government-backed Income All Apartments Free Market With Annual Leases Commercial Component Two Street-level Retail Storefront(s) Fully Renovated Spaces Separate Utilities For Commercial Tenants Investment Highlights Minimal Owner Expenses: Landlord Responsible Only For Water And Common Area Electricity Fully Upgraded Systems: Plumbing, Electrical, And Heating. Immediate Cash Flow. Strong Tenant Demand In High-growth Submarket Location & Growth Drivers Strategically Located Near Major Development Projects Expected To Significantly Enhance The Area’s Residential Density And Economic Activity: 329 Clarkson Avenue (clarkson Estates) – ~328 Units Finished 2026 564 Utica Avenue (utica Crescent) – ~325 Units Under Development These Projects, Along With Additional Nearby Developments, Are Projected To Bring Over 1, 000 New Residential Units Within A 2-mile Radius By 2027 Driving Increased Foot Traffic, Rental Demand, And Long-term Asset Appreciation. Investment Summary This Offering Combines: Stable, Government-backed Residential Income Retail Upside Potential Low Management Intensity Positioning In A Growth Corridor Ideal For Investors

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Single Family House for Sale
Tax $28,000.00
Bedrooms 10
Year Built 1931
Basement Finished, Full, Walk-Out Access
Construction Brick, Energy Star, Foam Insulation, ICFs (Insulated Concrete Forms), Other, Stucco
Total Units 6
Lot SqFt 2,500
Cooling ENERGY STAR Qualified Equipment
Heat Source ENERGY STAR Qualifie
Util Incl Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Underground Utilities, Water Availab
Days On Market 1
Lot Features Corner Lot, Near School, Near Shops, Other, Paved, Private, See Remarks, Views
Parking Features None
Units 6
Features Breakfast bar, eat-in kitchen, energy star qualified door(s), entrance foyer, formal dining, galley type kitchen, granite counters, high ceilings, high speed internet, kitchen island, low flow plumbing fixtures, marble counters, natural woodwork, open kitchen, primary bathroom
Listing information courtesy of: Real Estate Concept Group Inc

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Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
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  • Phone: 718-896-0777
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