Bensonhurst Real Estate

33 Avenue U, Gravesend, NY 11223

[Gravesend Real Estate, listing number 3341929]
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Description: 3341929
   Prime mixed-use investment opportunity in the heart of Gravesend! 33 Avenue U is a well-maintained 4-family plus 1 commercial property featuring two spacious 3-bedroom apartments, two 2-bedroom apartments, and a commercial space currently leased to a professional spa. The building generates $110,400 in annual rental income; this income-producing asset offers strong cash flow and long-term upside. Situated on a 22` x 100` lot with a 20` x 65` building footprint, the property includes 6 electric meters and 5 gas meters. Located at the busy intersection of Avenue U and 86th Street, the property benefits from excellent visibility, high foot traffic, and convenient access to shopping, dining, and public transportation, including the D and N subway lines and B1, B3, and B4 bus routes. Annual property taxes are only $13,190. An exceptional opportunity for investors seeking stable income in a prime Brooklyn location.

Details:
   Families: 4
   Property Type: Mixed Use
   Built: 1931

Financials:
   Price: $1,599,000

 

Robert Defalco Realty Inc
Jay Zhang
Office: (718)748-7000

provided by Brooklyn Bd of Realtors