Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $157,888, delivering a 5.85% cap rate at a $2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Details:
Property Type:
Commercial
Built:
1918
Financials:
Price:
$2,700,000
RE/MAX Edge Patrick S. Lennon Office: (718)612-3088
provided by Brooklyn NY MLS
![[Freeport Real Estate, listing number 3323549]](https://www.vlshomes.com/images/full/3323549a.jpg)