7401 18th Avenue
Bensonhurst | 74th St & 75th St
Ownership
Mixed Use
Lot Size
20'x96'
Status
Active
Real Estate Taxes
[Per Annum]
$ 39,059
Building Size
20'x95'
Year Built
1931
ASF/ASM
5,100/474
Property Description
Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.
Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.
Listing Courtesy of RE/MAX Edge
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Apartment Features
Exposed Bricks
Hardwood Floors
Private Entrance
Building Details [7401 18th Avenue]
Ownership
Mixed Use
Block/Lot
6216/10
Building Size
20'x95'
Zoning
R5
Year Built
1931
Floors
3
Lot Size
20'x96'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Real Estate Broker/Owner
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 504379