![[Bensonhurst Real Estate, listing number 3332703]](https://www.vlshomes.com/images/full/3332703a.jpg)
| Description: 3332703 | |
| Brooklyn`s Best Corner Commercial Investment Building for Sale. Welcome to an exceptional income -producing opportunity in a Prime Bensonhurst location. This solid corner FREE MARKET brick property spans over 6414 square feet with 3 stories, 23 feet by 93 feet long of fine colorful yellow brick and architecture & a 11-foot black entrance door to residence entry. The residential units consist of FOUR 2-bedroom renovated apartments and a 1650 square foot first floor duplex featuring 3 bedrooms,2 full bathrooms,2 living rooms,2 kitchens, a home office ideal for the virtual businessperson. Commanding a a premium rental income. In Addition, Store # 1 is a Prime Corner KINGS HIGHWAY Hair Salon with 20 feet front & 16 feet side windows exposure can be seen. Excellent Income of $5047. per month plus Sept 2026 the Real Estate tax of 25 % kicks in of the current then R.E. tax to be paid by the store tenant. Store # 2 has an independent new store front currently a medical billing office on the side building. The current rent is $2912. which includes partial front half of basement. The rental income is $ 2912. per month. Currently the building income is $259,008. with expenses of approximately $38,000. NOI $221,000. With moderate rent increases for next year $279,000. Easily can offer much higher potential rental income with more # of individuals renting in the apartment. The potential upside to building up 6-7 stories, zoning R7A-2 commercial inlay. To build Condos. ALL Functional building equipment has been replaced in the past 5 years. New - Gas heating system,43 Windows, New EPDM roof, upgraded electric per apartment, hallway painted., brick pointing, steam cleaning, outside concrete. If you are an investor seeking a stable investment with dependable rents and low building maintenance this is your opportunity you won`t want to miss. Owner will consider holding some financing. | |
Details: |
||
| Families: | 5 | |
| Property Type: | Mixed Use | |
Financials: |
||
| Price: | $4,100,000 | |
Designed, Developed, Hosted
The Information contained in this Web Site is believed to be accurate but is not guaranteed. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent. Visual Listing Systems cannot be held responsible for any Errors or Omissions that may occur upon the Publishing of this Information. Visual Listing Systems is not acting as a Real Estate Broker and is only a Publisher of the Material contained within this Web Site. Powered by VLSHomes.com
Terms
Privacy
