Welcome to this beautiful 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* VERY busy corner â?? Right next to N train station and B3 Bus Stop. The building is 20Ã? 105(residential 1365 sqft; commercial 2100 sqft) on a lot 20Ã? 115. First floor â?? 4 Stores: Deli store, Barber Shop, Flower Shop, Tea Shop, and Two Car Garage. Second floor: 2 two-bedroom apartments. Store basement: Full semi-finished. Built in 1931; Zoned R5. Property tax $20,543. 2025 UPGRADES: *tested LEAD-FREE!* *New store floor and subfloor* *Brick Pointing* *ROOF waterproofed & Flashing* *Apartments painted* This highly sought-after property is close to many schools, parks, restaurants, cafes, supermarkets, stores, shops, and more.
Details:
Families:
2
Property Type:
Mixed Use
Built:
1931
Financials:
Price:
$2,350,000
ProBase Real Estate Shaojie (jayden) Liang Office: (718)210-2727
provided by Brooklyn NY MLS
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