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426 Decatur Street (5+), Bedford-stuyvesant, NY 11233

MLS# 3500034 

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[Bedford-stuyvesant Real Estate, listing number 2000596]



Description:
Exceptional Mixed-Use Building with Prime Investment Potential Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer. Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied) Commercial Spaces: - Front Store: with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400 Exp Food Pantry enses (Approximately): $22,548 per year This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building''s strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don''t miss the chance to own a piece of this thriving investmentExceptional Mixed-Use Building with Prime Investment Potential Presenting an outstanding opportunity for the discerning investor, this mixed-use building offers a prime location and versatile income potential. Comprising a total of five residential units and two commercial spaces, this property is a lucrative prospect for the right buyer. Residential Units: - Four units consist of 3 bedrooms and 1 bathroom each. - The fifth unit features 2 bedrooms and 1 bathroom. - Unit 1R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2R: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 3R: 2 bedrooms, $2,000/month (Occupied) - Unit 3L: 3 bedrooms, $3,600/month (Vacant on delivery) - Unit 2L: 3 bedrooms, $2,400/month (Occupied) Commercial Spaces: - Front Store: with approximately 1,500 sq ft, $3,000/month - Back Store: Takeout restaurant with approximately 1,000 sq ft, $3,000/month Income Breakdown: - Potential monthly income: $24,200 - Yearly income: $290,400 Exp Food Pantry enses (Approximately): $22,548 per year This property presents a fantastic investment with a mix of occupied and vacant units, providing potential for immediate income generation and future value appreciation. The building''s strategic location ensures a steady stream of foot traffic for the commercial tenants, enhancing their earning potential. Don''t miss the chance to own a piece of this thriving investment

Details:
Families: 7
Property Type: Commercial
Lot Size: 25x100
Acres: 0.06
Built: 1910

Financials:
Price: $3,199,000
Taxes: $156

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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Listing Information provided courtesy of Weston Brown, Weston Brown Jr - 848-468-0423

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