Mixed Use Asset | Renovated Completely

Mixed Use Asset | Renovated Completely

$2,850,000
Category
Commercial
Square feet
6,650 sq ft
Listing type
For Sale
Property type
MultiFamily 4+units
City/Town
New York City
Borough/County
Brooklyn
Neighbourhood
Brownsville
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!