Description
Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.
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Building Features 2 Floors1 Units
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$950,000 / $479 per ft²
Listed on Nov 19, 2025
263 Days on Market
- Beds / - Baths - / 1,980 ft²
Total Monthly expenses: $265
Maintenance: - / R.E. Taxes $265
Other Details:
Mixed Use (1-6 Family)
Lot Size: 18.0' x 71.92' Built: 18.0' x 55.0'
Zoning: S1-5, S9
Exclusively listed with: Tiger Realty Source: Brooklyn MLS
Listing Courtesy of Tiger Realty
Unit listing history
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