Bensonhurst Real Estate

120 Ave T , Bensonhurst, NY 11223

[Bensonhurst Real Estate, listing number 3326741]



Description: 3326741
   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: • Building Type: Semi-attached brick construction • Configuration: Mixed-use with residential and retail components • Total Units: Four income-generating spaces • Basement: Semi-finished with expansion potential RESIDENTIAL COMPONENT: • Two well-appointed 2-bedroom apartments on second floor • Large balcony feature enhancing tenant appeal in one of the apartments • Fully renovated living spaces with modern finishes • Combined monthly rental income: $6,000 ($3,000 each) COMMERCIAL COMPONENT: • Two ground-floor retail spaces • Store 1: $3,500 monthly rent • Store 2: $3,500 monthly rent • Street-level visibility in high-traffic corridor RECENT IMPROVEMENTS: • Complete renovation from foundation to roof • Updated electrical and plumbing systems throughout • Modern LED lighting installation • New windows and doors • Contemporary appliances • Basement infrastructure upgrades including new boiler and water heater • Roof replacement FINANCIAL PERFORMANCE: • Gross Monthly Income: $13,000 • Diversified revenue streams across residential and commercial tenants • Established rental rates reflecting current market conditions • Strong cash flow generation from fully occupied property

Details:
   Families: 2
   Bedrooms: 4
   Bathrooms: 5
   Property Type: Other
   Rooms: 14

Financials:
   Price: $1,950,000

Diana Melerud

Superior Realty Service
Diana Melerud
Broker/Owner
Direct: (347)554-8282
Office: 917-992-7239

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