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191 4th Avenue, Park Slope, NY 11217

[Park Slope Real Estate, listing number 3306865]



Description: 3306865
   Welcome to an exceptional income-producing opportunity in a prime Park Slope location. This solid brick, corner property spans over 6,200 square feet across four stories and includes a five-family residence along with two commercial storefronts. The residential units consist of four well-maintained two-bedroom apartments, plus a spacious 1,600 sq ft duplex featuring four bedroomsâ??ideal for commanding premium rental income. Currently generating a gross annual income of $252,000 with expenses of approximately $50,000, this property offers a strong upside with projected potential income of $350,000 annually. Whether you`re an investor seeking a stable asset in a high-demand area or an end-user looking for a valuable mixed-use property, this is a rare opportunity you won`t want to miss.

Details:
   Families: 5
   Property Type: Mixed Use
   Lot Size: 22 x 80
   Built: 1920

Financials:
   Price: $4,500,000

 

RE/MAX Edge
Leonid Sklyar
Office: (718)612-3088

email: leonidsklyar@yahoo.com
provided by Brooklyn NY MLS


 

RE/MAX Edge
Albert Taye
Office: (718)612-3088

email: tayealbert@gmail.com
provided by Brooklyn NY MLS