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Mixed Use - Brooklyn, NY
Don’t miss this rare opportunity to own a well-maintained, cash-producing mixed-use 5-family building in the heart of Bath Beach. This non-stabilized, free-market property offers excellent investment potential with strong income and flexibility. The building features one ground-floor commercial unit currently operating as a salon (with 2 years remaining on the lease) and 5 residential units in great condition — including 4 spacious 1-bedroom apartments and one 2-bedroom unit. All tenants are reliable, and none of the units are rent-stabilized or under lease, providing maximum rental flexibility. Building Size: 22 ft × 82 ft, Lot Size: 22 ft × 100 ft; Gross Annual Income: Approx. $153,600; Net Operating Income (NOI): Approx. $116,135; Annual Insurance: $8,000; Total Expenses: Approx. $37,465. All residential units have been renovated within the past 5 years, featuring high ceilings and ex...
Don’t miss this rare opportunity to own a well-maintained, cash-producing mixed-use 5-family building in the heart of Bath Beach. This non-stabilized, free-market property offers excellent investment potential with strong income and flexibility. The building features one ground-floor commercial unit currently operating as a salon (with 2 years remaining on the lease) and 5 residential units in great condition — including 4 spacious 1-bedroom apartments and one 2-bedroom unit. All tenants are reliable, and none of the units are rent-stabilized or under lease, providing maximum rental flexibility. Building Size: 22 ft × 82 ft, Lot Size: 22 ft × 100 ft; Gross Annual Income: Approx. $153,600; Net Operating Income (NOI): Approx. $116,135; Annual Insurance: $8,000; Total Expenses: Approx. $37,465. All residential units have been renovated within the past 5 years, featuring high ceilings and excellent overall condition. it's Just minutes from bus stops, the D train, the vibrant 86th Street shopping corridor, and with easy access to the Belt Parkway — making this a truly convenient and desirable investment opportunity!
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