Description
This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential.
PROPERTY SPECIFICATIONS:
• Building Type: Semi-attached brick construction
• Configuration: Mixed-use with residential and retail components
• Total Units: Four income-generating spaces
• Basement: Semi-finished with expansion potential
RESIDENTIAL COMPONENT:
• Two well-appointed 2-bedroom apartments on second floor
• Large balcony feature enhancing tenant appeal in one of the apartments
• Fully renovated living spaces with modern finishes
• Combined monthly rental income: $6,000 ($3,000 each)
COMMERCIAL COMPONENT:
• Two ground-floor retail spaces
• Store 1: $3,500 monthly rent
• Store 2: $3,500 monthly rent
• Street-level visibility in high-traffic corridor
RECENT IMPROVEMENTS:
• Complete renovation from foundation to roof
• Updated electrical and plumbing systems throughout
• Modern LED lighting installation
• New windows and doors
• Contemporary appliances
• Basement infrastructure upgrades including new boiler and water heater
• Roof replacement
FINANCIAL PERFORMANCE:
• Gross Monthly Income: $13,000
• Diversified revenue streams across residential and commercial tenants
• Established rental rates reflecting current market conditions
• Strong cash flow generation from fully occupied property
Building Features 2 Floors2 Units
$1,888,888 / $590 per ft²
$111,112 - 1 day agoListed on Dec 30, 2024
419 Days on Market
- Beds / - Baths - / 3,200 ft²
Total Monthly expenses: $1,995
Maintenance: - / R.E. Taxes $1,995
Other Details:
Mixed Use (1-6 Family)
Lot Size: 20.0' x 88.0' Built: 20.0' x 80.0'
Zoning: S1-5, S9
Exclusively listed with: Superior Realty Service Source: Brooklyn MLS
Unit listing history
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