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Mixed Use Asset | Renovated Completely
$2,850,000
Category
Square feet
6,650 sq ft
Listing type
Property type
City/Town
Borough/County
Neighbourhood
ZIP code
11233
Description
This property has two 3- bedroom / 1 bath apartments that are renovated and occupied. The retail space is occupied by a day care that is leasing 4,650 SF of commercial space. They have just signed a new ten-year lease with 5-year option starting out at $42.5 PPSF. The property is turn-key with low maintenance required. Gross yearly cash-flow is $287,760 being sold at a 9.2% Cap Rate. Contact us as this will not last!
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