Prime investment opportunity near Brooklyn’s vibrant 8th Avenue commercial district. This well-maintained mixed-use corner property offers a strong combination of 4 residential units and 4 commercial storefronts, creating diversified and stable rental income from multiple sources. Each spacious apartment features 3 bedrooms plus a living room, making the residential units highly appealing to tenants. Separate heat and hot water systems provide added convenience and easier expense management. With approximately $246,144 in gross annual income and $200,952 in NOI, the property delivers solid cash flow and attractive investment potential. Ideally situated near subway transportation, supermarkets, shopping, restaurants, and everyday conveniences, this is an excellent opportunity for investors seeking a well-maintained, income-producing mixed-use property in a high-demand Brooklyn location.
Prime investment opportunity near Brooklyn’s vibrant 8th Avenue commercial district. This well-maintained mixed-use corner property offers a strong combination of 4 residential units and 4 commercial storefronts, creating diversified and stable rental income from multiple sources. Each spacious apartment features 3 bedrooms plus a living room, making the residential units highly appealing to tenants. Separate heat and hot water systems provide added convenience and easier expense management. With approximately $246,144 in gross annual income and $200,952 in NOI, the property delivers solid cash flow and attractive investment potential. Ideally situated near subway transportation, supermarkets, shopping, restaurants, and everyday conveniences, this is an excellent opportunity for investors seeking a well-maintained, income-producing mixed-use property in a high-demand Brooklyn location.
Listing Courtesy of E House Realty & Mgt. Inc.