Turn-key 2-fam & Store In Prime Brooklyn Location!
Unlock Incredible Cash Flow With This Fully Renovated Mixed-use 2-family Building In One Of Brooklyn’s Most High-traffic, High-demand Corridors—fulton Street In Cypress Hills. Whether You’re Looking To Expand Your Portfolio Or Enter Into A Live-and-earn Scenario, This Property Delivers Immediate Income And Long-term Upside.
Completely Gut-renovated In The Last Five Years—no Deferred Maintenance, No Upfront Repairs. Upgrades Include All-new Electric, Plumbing, Roof, Walls, Modern Kitchens With Granite Countertops, Sleek Bathrooms, Gleaming Hardwood Floors, And Separate Hot-water Heating Systems For Each Unit.
The Building Features:
• Two Spacious 3-bedroom Apartments, Each With A Sun-filled Living Room, Modern Kitchen, And Stylish Bath, Currently Generating $3, 000/month Each.
• A Fully Renovated Ground-floor Beauty Salon With High-end Fixtures, New Mechanicals, And Exceptional Visibility. The Salon Business Is Also Available For Purchase, Offering The Buyer A Rare Turn-key Business + Real Estate Package.
Projected Gross Annual Income: $126, 000
Projected Net Operating Income: $111, 918
Nearly 7% Cap Rate—an Exceptional Return In A High-growth Brooklyn Market!
Located Just Minutes From The J & Z Trains At Crescent Street, Surrounded By Endless Retail, Restaurants, And Essential Services On Fulton Street, This Is A Location That Renters And Businesses Love. Cypress Hills Continues To Thrive With Redevelopment And City Investment, Making This Not Just A Smart Buy—but A Strategic One.
Invest With Confidence. Collect Rent From Day One. Own A Piece Of Brooklyn’s Future.
Property Information
Location/Town
Cypress Hills
Area/County
Brooklyn
Prop. Type
Two Family House for Sale
Style
Attached
Tax
$6,282.00
SqFt
3,645
# Stories
3
Year Built
1920
# of Cars
None
Basement
Full
Exterior
Brick
Roof
Flat
Construction
Brick
Foundation
Block
Yard
Back
Insurance/Year
$1,800.00
Lot SqFt
1,615
Fuel/Year
$4,600.00
Heat
Baseboard
Electric
110 V, 220 V
Roof
Flat
Lavatories
3
Walls
Sheet Rock
Zoning
R5
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MORTGAGE CALCULATOR
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