Rare corner mixed-use investment opportunity in the heart of Brooklyn’s Bay Parkway commercial corridor. Features two residential units plus three ground-floor commercial spaces, offering diversified and stable rental income. The approximately 20 × 100 ft lot includes three fully utilized commercial storefronts on the first floor and two residential units on the second floor, each approximately 800 SF with 3 bedrooms and 1 bathroom. Separate heating and hot water systems provide added convenience for management and tenants. The property is in good condition and offers a strong opportunity for both investors and owner-users. Cap rate is approximately 5.8%–6%. Contact us today for additional financials, rent roll, and showing information.
Rare corner mixed-use investment opportunity in the heart of Brooklyn’s Bay Parkway commercial corridor. Features two residential units plus three ground-floor commercial spaces, offering diversified and stable rental income. The approximately 20 × 100 ft lot includes three fully utilized commercial storefronts on the first floor and two residential units on the second floor, each approximately 800 SF with 3 bedrooms and 1 bathroom. Separate heating and hot water systems provide added convenience for management and tenants. The property is in good condition and offers a strong opportunity for both investors and owner-users. Cap rate is approximately 5.8%–6%. Contact us today for additional financials, rent roll, and showing information.
Listing Courtesy of E House Realty & Mgt. Inc.