OWNER FINANCING AVAILABLE. Uncover an outstanding investment opportunity anchored by this expansive mixed-use building. The ground floor showcases a generous deli store, seamlessly paired with a sizable full basement, amplifying its versatility. Above, a spacious 4-bedroom apartment offers an additional income stream, further enhancing the property`s value. Noteworthy is the autonomy given to tenants for their electricity and gas expenses, bolstering your profitability. With a commendable gross income of $73,500 and operational costs totaling $10,107, the property culminates in a robust net income of $63,393. Showcasing a cap rate surpassing 6%, the architectural footprint stands at 22` x 100` for the ground floor and 22` x 75` for the second floor.
Details:
Property Type:
Mixed Use
Financials:
Price:
$870,000
RE/MAX Edge Zaiyou (joe) Zhu Office: (718)612-3088
provided by Brooklyn NY MLS
RE/MAX Edge Leeya Qiu Office: (718)612-3088
provided by Brooklyn NY MLS