HIGH PROFIT Mix-Use Corner Property with 4 stores, 2 apartments, and a Garage, in highly desirable Gravesend. This RARE INVESTMENT property produces *OVER $150,000 yearly rental income; *OVER $116,000 NET INCOME* *OVER 5% CAP (projected 6%) * *10%+ annual gain with appreciation.* The building is 20Ã? 105(residential 1365 sq ft; commercial 2100 sq ft) on a lot 20Ã? 115. First floor â?? 4 Stores: Deli, Barber Shop, Flower Shop, Office and Garage. Second floor: 2 two-bedroom apartments. Store basement: Full semi-finished. Built in 1931; Zoned R5. Property tax $20,543. VERY busy corner â?? Right next to N train station and B3 Bus Stop. This highly sought-after property is close to many schools, parks, restaurants, cafes, supermarkets, stores, shops, and more. 2025 UPGRADES: *tested LEAD-FREE!* *New store floor and subfloor* *Brick Repointed* *ROOF waterproofed & Flashed* *Apartments painted* *New apartment floor*
Details:
Families:
2
Property Type:
Mixed Use
Built:
1931
Financials:
Price:
$2,350,000
RE/MAX Real Estate Professionals Billy Apter Lic. Real Estate Salesperson Office: 718-532-2000
![[Gravesend Real Estate, listing number 3305943]](https://www.vlshomes.com/images/full/3305943a.jpg)