2,016 Sqft Lot
2,016 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision East New York
MLS Listing ID 1070387
Rental Info No
Year Built 1920
Annual Tax Amount $5,599
Lot Size 2,016 Sqft
Acres 0.0463
Property Sub-Type Mixed Use
Source onekey2
Property Description
Excellent opportunity to own a well-maintained mixed-use property in East New York, Brooklyn, featuring a ground-floor commercial space and two vacant residential apartments above.
The ground floor and basement are currently occupied by an operating nail salon, generating $3,200 per month in rental income, with approximately 3 years remaining on the lease.
The second floor features two separate vacant apartments: a front unit with 3 bedrooms and 1 full bathroom, and a rear unit with 2 bedrooms and 1 full bathroom.
The property 20 x 101 ft lot, approximately 20 x 50 ft building dimensions, R6/C1-3 zoning, and low annual property taxes of approximately $5,600.
With a projected investment return of approximately 6.5%, this property offers excellent potential for investors and owner-users alike. Enjoy existing commercial rental income while exploring additional residential rental opportunities.
A rare opportunity to combine commercial income, residential flexibility, and long-term investment potential in Brooklyn!
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn 19
School District Brooklyn 19
Others
Special Listing Condition None
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