High Profit Mix-use Corner Property With 4 Stores, 2 Apartments, And A Garage, In Highly Desirable Gravesend. This Rare Investment Property Produces
*over $150, 000 Yearly Rental Income; *over $116, 000 Net Income*
*over 5% Cap (projected 6%) *
*10%+ Annual Gain With Appreciation.* The Building Is 20× 105(residential 1365 Sq Ft; Commercial 2100 Sq Ft) On A Lot 20× 115.
First Floor – 4 Stores: Deli, Barber Shop, Flower Shop, Office And Garage.
Second Floor: 2 Two-bedroom Apartments.
Store Basement: Full Semi-finished.
Built In 1931; Zoned R5. Property Tax $20, 543. Very Busy Corner – Right Next To N Train Station And B3 Bus Stop. This Highly Sought-after Property Is Close To Many Schools, Parks, Restaurants, Cafes, Supermarkets, Stores, Shops, And More.
2025 Upgrades:
*tested Lead-free!*
*new Store Floor And Subfloor*
*brick Repointed*
*roof Waterproofed & Flashed* *apartments Painted*
*new Apartment Floor*
Property Information
Location/Town
Gravesend
Area/County
Brooklyn
Prop. Type
Two Family House for Sale
Style
Attached
Tax
$20,543.00
SqFt
3,465
# Stories
2
Year Built
1931
# of Cars
2 Spaces, Attached Garage, Bui
Basement
Full, Semi-Finished, Separate Entrance
Exterior
Brick
Roof
Flat
Construction
Brick
Foundation
Poured Concrete
Yard
Back
Insurance/Year
$5,937.00
Lot SqFt
2,243
Fuel/Year
$5,207.00
Heat
Hot Water
Electric
110 V
Roof
Flat
Lavatories
4+
Zoning
R5
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