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| Description: 3335954 | |
| Presenting a rare opportunity to acquire a fully free-market, income-producing mixed-use property in the heart of Bensonhurst. This well-maintained building features five spacious residential units, each configured as 2-bedroom apartments, along with one ground-floor retail space, offering strong and diversified income potential. Each residential unit is generously sized, providing comfortable layouts that appeal to long-term tenants. All apartments are free market, allowing for continued rental growth and flexibility. Tenants are responsible for their own heat, electricity, and cooking gas, significantly reducing owner expenses and increasing net operating income. The property has been thoughtfully updated with brand new boilers and individual hot water heaters for each unit, ensuring efficiency, reliability, and reduced maintenance concerns for years to come. With a gross cap rate of 6.3% and a net cap rate of 4.3%, this asset presents a solid return in one of Brooklynâ??s most established and high-demand neighborhoods. Located on a busy corridor along 20th Avenue, the property benefits from excellent foot traffic, strong retail visibility, and convenient access to transportation, shopping, and diningâ??making it highly attractive for both residential and commercial tenants. This property offers a compelling combination of stable income, upside potential, and prime Brooklyn location. | |
Details: |
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| Families: | 5 | |
| Property Type: | Mixed Use | |
| Built: | 1927 | |
Financials: |
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| Price: | $2,750,000 | |
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