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Brooklyn NY, 11218 $1,999,000

Misc Commercial  

Property Picture
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Details ML#: 3552328  

  • # of Families: 5
  • Sale or Rent:Sale
  • Year Built: 1930
  • Taxes: $6,176
  • Status:Active

Description

Presenting an exceptional investment opportunity in the heart of Kensington, Brooklyn. This mixed-use building boasts two commercial stores and three residential apartments. Each apartment offers three bedrooms and one bathroom. Convenience is paramount, as the property enjoys a prime location with easy access to a wealth of services and amenities. Residents will appreciate the proximity to a diverse array of restaurants, bars, shopping outlets, grocery stores, and specialty shops. Excellent transportation links further enhance accessibility to surrounding areas. Notably, this property offers a projected cap rate of 6.72%, highlighting its potential for attractive returns on investment. The presence of stable and reliable tenants in the residential apartments ensures immediate rental income, establishing a solid foundation for generating consistent cash flow. Explore this investment prospect further and discover the possibilities it holds. Don’t miss your chance to capitalize on this exciting opportunity in Kensington, Brooklyn., Building Size:5000

More Property Details

Property Features

Lot Sq Ft: 2528  

Appliances & Utilities

Heat: Natural Gas, Other   Sewer: Other  

Financial

Taxes: $6,176  

Local Area Information

Zoning: R6A   Block: 5387   Lot: 0050  

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