Excellent investment opportunity with approx. 7% Cap Rate. This prime mixed-use property offers strong income potential and will be delivered fully vacant â?? ready for occupancy or leasing. The ground level features a versatile commercial space ideal for retail or office use, benefitting from high visibility and steady foot traffic in a thriving location near the 7 train and Northern Blvd. Above the commercial unit are two spacious residential apartments with a separate private entrance. The second-floor unit boasts four bedrooms, a full bathroom, living room, dining area, and a full kitchen â?? perfect for larger households or higher rental yield. The third-floor apartment offers two bedrooms, a full bathroom, living and dining areas, and a full kitchen. This property presents an attractive opportunity for investors and owner-operators alike, with flexible use options and proximity to public transportation, shops, and amenities.
Details:
Families:
3
Property Type:
Commercial
Acres:
0.06
Built:
1930
Financials:
Price:
$1,685,000
Taxes:
$7,282
Keller Williams Realty Landmark Timothy Ho Sres Office: 718-475-2700