$150,000 Price Reduction!! 2019 CAP Rate 6.01%.
This meticulously maintained investment property consists of 2 completely updated corner mixed-use brick buildings totaling 7,150 SF, including the basement used by commercial tenants (Price per SF $342) with 3 Retail and 4 Residential units.
The buildings are in excellent condition with updated electric systems, new Boilers, W/H, windows, rubber roofs, kitchen cabinets, granite counter-tops, appliances, and so on.
The property is located on the busy commercial avenue in Prime Homecrest / Sheepshead Bay area of South Brooklyn steps away from all the public transportation, shopping, schools, parks, restaurants and places of worship.
This property is an excellent choice for the owner-user or savvy investor
Current Gross Annual Income (GAI) $166,123,
Total annual expenses $18,799,
Net Operational Income (NOI) $147,324,
Offered by Broker/Owner.
Detailed Offering Memorandum is attached for your review
Courtesy of City Express Realty Llc
We received your Showing Request.
Feel free to call 718-954-8401 for immediate assistance.