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Basement:Full
Mixed Use Residence
School District:
Rooms
Beds
Baths
Half Baths
Garage Spaces
Built: 1920
Lot Size: Acres
Heating: Gas
Air Conditioning:
Taxes $3189 (Approx)
Interior Features:Other

Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.

Architectural Style
Construction Materials
Brick
MLSID
497443

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Emily Hui Chen-Liang

Tiger Realty

Direct - (917) 708-9966

Cell Phone - (347) 320-2569

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