![[Gravesend Real Estate, listing number 3304170]](https://www.vlshomes.com/images/full/3304170a.jpg)
| Description: 3304170 | |
| INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location 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: â?¢ Building Type: Semi-attached brick construction â?¢ Configuration: Mixed-use with residential and retail components â?¢ Total Units: Four income-generating spaces â?¢ Basement: Semi-finished with expansion potential RESIDENTIAL COMPONENT: â?¢ Two well-appointed 2-bedroom apartments on second floor â?¢ Large balcony feature enhancing tenant appeal in one of the apartments â?¢ Fully renovated living spaces with modern finishes â?¢ Combined monthly rental income: $6,000 ($3,000 each) COMMERCIAL COMPONENT: â?¢ Two ground-floor retail spaces â?¢ Store 1: $3,500 monthly rent â?¢ Store 2: $3,500 monthly rent â?¢ Street-level visibility in high-traffic corridor RECENT IMPROVEMENTS: â?¢ Complete renovation from foundation to roof â?¢ Updated electrical and plumbing systems throughout â?¢ Modern LED lighting installation â?¢ New windows and doors â?¢ Contemporary appliances â?¢ Basement infrastructure upgrades including new boiler and water heater â?¢ Roof replacement FINANCIAL PERFORMANCE: â?¢ Gross Monthly Income: $13,000 â?¢ Diversified revenue streams across residential and commercial tenants â?¢ Established rental rates reflecting current market conditions â?¢ Strong cash flow generation from fully occupied property | |
Details: |
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| Families: | 2 | |
| Property Type: | Mixed Use | |
| Built: | 1931 | |
Financials: |
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| Price: | $2,000,000 | |
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