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Basement:Finished,Full
Mixed Use Residence
School District:
Rooms
Beds
Baths
Half Baths
Garage Spaces
Built: 1930
Lot Size: Acres
Heating: Other
Air Conditioning: 5+
Taxes $16330 (Approx)
Interior Features:Restrooms - Staff,Other

Prime Sunset Park Mixed-Use Building For Sale! Excellent investment opportunity featuring a 3-story building with a full finished basement—2 family and 1 commercial storefront. Lot size 20x80; Building size: 1FL 20x80, 2FL&3FL 20x56. Ideally located on 8th Avenue in the heart of Sunset Park, a highly desirable commercial corridor with strong foot traffic and excellent visibility.The ground-floor retail unit is currently a pharmacy with 2 years remaining on the lease and a 3-year option to renew; rent includes 25% of property tax. The 2nd and 3rd floor residential units have been renovated and require no additional work. The residential units can be DELIVERED VACANT, offering great flexibility for owner-use or rental. Convenient to N train and B9, B70 bus lines, restaurants, supermarkets, and all neighborhood amenities. Excellent income-producing property with a current 5.51% cap rate and strong potential to reach 6.71%! A rare find in a prime 8th Avenue location! All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.

Architectural Style
Construction Materials
Other
MLSID
497004

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Xiu Qin Zou

Fang Fang Realty Inc

Direct - (646) 549-2722

Cell Phone - (646) 549-2722

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