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 bedrooms—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.
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 bedrooms—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.
Listing Courtesy of RE/MAX Edge