Welcome to an exceptional income-producing opportunity in the prime location of Park Slope. This solid brick corner property covers over 6,200 square feet across four stories and features a five-family residence alongside two commercial storefronts.
All five residential units and one store will be delivered vacant at the closing
Zoning is C4- D4/R8A; this building has 8712 SqFt of unused air rights,
The residential units include four well-maintained two-bedroom apartments and a spacious 1,600-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate $400,000 in gross income annually. very low expenses of a total of $50,000 a year
Whether you are 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 that you won't want to miss.
Welcome to an exceptional income-producing opportunity in the prime location of Park Slope. This solid brick corner property covers over 6,200 square feet across four stories and features a five-family residence alongside two commercial storefronts.
All five residential units and one store will be delivered vacant at the closing
Zoning is C4- D4/R8A; this building has 8712 SqFt of unused air rights,
The residential units include four well-maintained two-bedroom apartments and a spacious 1,600-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate $400,000 in gross income annually. very low expenses of a total of $50,000 a year
Whether you are 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 that you won't want to miss.
Listing Courtesy of RE/MAX Edge
