Brick Two- Story Mixed Use Building is located on Prime Sutphin Blvd. Pro-forma CAP Rate over 9%. Corner Location. Three Large Residential Units plus Commercial Unit with High Ceiling Height. Very well Maintained and the Commercial Unit will be delivered Vacant. Rents are low so there is plenty of upside potential for Investors. Exceptionally large Basement with High Ceilings. Apartment entrances are all located on 121 Street offering additional privacy for Residential Tenants.Brick Two- Story Mixed Use Building is located on Prime Sutphin Blvd. Pro-forma CAP Rate over 9%. Corner Location. Three Large Residential Units plus Commercial Unit with High Ceiling Height. Very well Maintained and the Commercial Unit will be delivered Vacant. Rents are low so there is plenty of upside potential for Investors. Exceptionally large Basement with High Ceilings. Apartment entrances are all located on 121 Street offering additional privacy for Residential Tenants.
Details:
Families:
4
Property Type:
Commercial
Lot Size:
20x102.5
Acres:
0.05
Built:
1931
Financials:
Price:
$995,000
Taxes:
$12,084
Charles Rutenberg Realty Richard Diller Associate Real Estate Broker Direct: 516-575-7500 x 207 Office: 516-575-7500