Prime Sunset Park mixed-use investment with major upside! Unbeatable street visibility â?? perfect for spa, salon, supermarket, e-bike, daycare, clinic, and any high-traffic business. Solid brick 3-story + cellar totaling approx. 4,551 SF on a 25Ã?80 lot (R7A zoning), featuring one commercial storefront and four residential units. Current annual income approx. $133,200 with low taxes ($15,400 / 2024). Projected annual income approx. $181,200 once the vacant commercial unit is leased at market rate ($4,000â??$4,500/month), bringing CAP to approx. 5.6%â??5.8%. Two residential units (2R & 3R) were recently renovated â?? turn-key condition with premium rent potential. All units separately metered for gas & electric, and feature gas-powered heat and hot water systems. Flat roof, poured-concrete foundation, and a private rear yard. Unbeatable 4th Ave location between 54th & 55th St â?? minutes to subway, buses, supermarkets, restaurants, and one of Brooklynâ??s most desirable high-traffic commercial corridors. Ideal for 1031 exchange, long-term investors, or owner-users seeking commercial + residential income under one roof. A rare, high-performing Sunset Park asset with both stable cash flow and strong future appreciation.
Details:
Families:
4
Property Type:
Mixed Use
Built:
1931
Financials:
Price:
$2,800,000
Exit Realty Professionals Xiahua Shao Office: (718)838-2600
provided by Brooklyn NY MLS
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