This well-located 3-unit building offers strong income with built-in upside. The first floor is leased to a long-standing ophthalmologist practice with eyewear sales, generating $2,700/month. The third floor is a two-bedroom, one-bath apartment currently rented for $1,400/month. The second floor, also a two-bedroom, one-bath, will be delivered vacant perfect for owner-occupancy or new rental income. This property sits on a busy stretch of Nostrand Avenue, offering excellent visibility and consistent traffic. With tenants already in place and one unit available, itâ??s a rare opportunity for both investors and buyers looking to live upstairs while collecting rent. Even better, the property qualifies for an FHA 203K Rehabilitation Loan, allowing owner-occupants to finance both purchase and renovations in one package. This is a turnkey investment with future growth potential. Selling with tenants in place.
Details:
Families:
3
Property Type:
Commercial
Acres:
0.05
Built:
1940
Financials:
Price:
$1,100,000
Taxes:
$6,843
Besmatch Real Estate Earl Pennant Lic. Real Estate Salesperson Direct: (718) 324-6060 Office: 718-324-6060
![[Flatlands Real Estate, listing number 7211862]](https://www.vlshomes.com/images/full/7211862a.jpg)
