Rare Investment Opportunity in Prime Brooklyn! This high-quality mixed-use building is located at the intersection of 57th Street and 7th Avenue â?? one of the most vibrant commercial corridors in Brooklyn. Property highlights: â?¢ One commercial storefront + 7 spacious residential units(All units feature 3 bedrooms, 1 living room, and 1 bathroom.) â?¢ Building dimensions: 25â?? x 75â??, total building area approx. 6,700 SF â?¢ Lot size: 25â?? x 100â?? â?¢ Zoning: R7A, C2-4 â?¢ Total annual income: $250,000 â?¢ Property tax: $25,062 â?¢ Insurance: $8,000 â?¢ 9 electric meters and 8 gas meters â?¢ Each unit has its own boiler and water heater (8 sets in total) â?¢ Easy and low-maintenance management Whether youâ??re a seasoned investor or looking to expand your portfolio, this high-income property offers steady cash flow and strong long-term appreciation potential. Located in one of Brooklynâ??s most desirable neighborhoods, this is a rare opportunity not to be missed! Contact the listing agent today for more details and to schedule a private tour!
Details:
Families:
7
Property Type:
Mixed Use
Built:
1925
Financials:
Price:
$4,880,000
Century 21 Realty First Huizhen (rose) Li Office: (718)758-5838
provided by Brooklyn NY MLS
![[Sunset Park Real Estate, listing number 3311826]](https://www.vlshomes.com/images/full/3311826a.jpg)