Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment. Property features include: • One commercial store on the ground floor • Five residential apartments (all rented) • Garage in the rear for additional income The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390. This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth. Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: ONEKEY
Provided By
Listing Agent: Faig Mikayilov (#KEY202175)
Listing Office: RE/MAX Edge (#KEYRMXE01)

Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.