NEW! Buy and sell safely with virtual options - Learn More
About the Listing CHSG01 - 182694
Prime Mixed-Use Investment Opportunity in Brooklyn. One store + 2 Apartments. Excellent opportunity to own a well-maintained mixed-use property in East New York, Brooklyn, featuring a ground-floor commercial space and two vacant residential apartments above. The ground floor and basement are currently occupied by an operating nail salon, generating $3,200 per month in rental income, with approximately 3 years remaining on the lease. The second floor features two separate vacant apartments: a front unit with 3 bedrooms and 1 full bathroom, and a rear unit with 2 bedrooms and 1 full bathroom. The property 20 x 101 ft lot, approximately 20 x 50 ft building dimensions, R6/C1-3 zoning, and low annual property taxes of approximately $5,600. With a projected investment return of approximately 6.5%, this property offers excellent potential for investors and owner-users alike. Enjoy existing commercial rental income while exploring additional residential rental opportunities. A rare opportunity to combine commercial income, residential flexibility, and long-term investment potential in Brooklyn!
Listing Highlights for 436 New Lots Ave
Interior Details
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,600
- Taxes w/Assessments: N/A
- Tax/Property ID: 04300-0010
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
436 New Lots Ave Brooklyn, NY 11207
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
.png)