View all 4 photos
Basement:Finished
Mixed Use Residence
School District:
Rooms
Beds
Baths
Half Baths
Garage Spaces
Built:
Lot Size: Acres
Heating: Gas
Air Conditioning: 0
Taxes $4517 (Approx)
Interior Features:Other

A rare opportunity to own a three-story Mixed-use investment property in one of Brooklyn's most rapidly growing Corridors. This solid Mix-used building consists of 2 three-bedroom residential apartment and 1 ground- floor commercial unit. Sitting on a 20ftx80ft lot with a building of 20x80ft(store front) and 20x55(residential units). Enjoys a phenomenal cap rate of around 7.6% income potential. This property is in great condition. Ideal for investors, developers or owner-users seeking strong income potential and maximum flexibility. Located on a high-traffic stretch of Utica Ave in the heart of Crown Heights Brooklyn. Surprisingly low property tax $4774/year and the annual insurance cost is about $3360, plus the water bill is only $1800/year, making this property even more financially attractive. The property benefits from exceptional foot traffic, strong visibility and long-term neighborhood demand. Don't miss your chance on this once-in-a lifetime real estate treasure. Surrounded by all forms of transportation, thriving business and schools.

Architectural Style
Construction Materials
Block,Brick
MLSID
498632

Upcoming Open Houses

Find out more

ll
Shu Yan Lin

E House Realty & Mgt. Inc.

Direct - (646) 301-6298

Cell Phone - (646) 301-6298

Ask Shu Yan Lin
Schedule a Tour?
Preferred Date & Time

Location

Loading...