![[Gravesend Real Estate, listing number 3322686]](https://www.vlshomes.com/inlines/nophoto_480.jpg)
| Description: 3322686 | |
| Introducing a rare mixed-use corner gem in the heart of Gravesend, Brooklyn â?? a solid three-story brick building offering a perfect blend of residential comfort and commercial opportunity. Zoned R7A and C2-3, this versatile property is ideal for investors or end-users seeking both stability and future growth potential. The ground level features three storefronts with strong visibility and steady foot traffic along busy Kings Highway. Store #2 is currently vacantâ??ready for a new business or an ownerâ??s own ventureâ??while Stores #1 and #3 have two years remaining on their leases, ensuring immediate income. On the second floor, youâ??ll find two spacious two-bedroom apartments, both delivered vacant, offering flexibility for rental income, live-in ownership, or renovation to suit your vision. The basement, recently updated and featuring a separate entrance, was previously used for storage and can easily be repurposed for additional income-generating or operational use. A private driveway and detached one-car garage add exceptional convenienceâ??an uncommon bonus in this busy part of Brooklyn. The property currently brings in a gross income of $130,632, netting approximately $92,043 per year, with a cap rate around 5.5 percent. Located in one of South Brooklynâ??s most vibrant corridors, surrounded by shops, restaurants, public transit, and community amenities, this property offers outstanding visibility and long-term potential. Whether youâ??re looking to expand your portfolio or secure a dependable income-producing asset, this building is a canâ??t-miss opportunity in a prime location that continues to thrive. | |
Details: |
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| Families: | 2 | |
| Property Type: | Mixed Use | |
Financials: |
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| Price: | $1,580,000 | |
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