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$ 3,590,000
Est. payment | /mo
$ 3,590,000
Est. payment | /mo
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 497000
Annual Tax Amount $6,985
Property Sub-Type Mixed Use
Property Description
This is an investor's dream: a highly desirable mixed-use property perfectly positioned on a prime retail corridor in rapidly appreciating Sunset Park. The building generates a strong, dual income stream from the ground-floor commercial storefront situated on bustling 7th Avenue, combined with two spacious residential apartments above. Each apartment is generously configured as a 2-Bedroom, 1-Bath unit with a dedicated living room, offering stable rental income or exceptional flexibility for an owner-occupant. The property sits on a significant 25 ft x 100 ft lot with a substantial 25 ft x 65 ft building footprint. The true value lies in the highly coveted R7A Zoning, which provides the unique opportunity for significant expansion or redevelopment, allowing for a potential buildable area of up to approximately 10,000 sq. ft. (Purchasers must consult their architect to verify all development rights). Maximize your returns today with stable cash flow, and secure your future with immense development potential in a booming Brooklyn market.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R7A
Rooms
Basement Other
Interior
Interior Features Other
Hot Water None
Heating None
Flooring Other
Heat Source None
Exterior
Exterior Feature Other
Roof Type Other
Handicap Access Unknown
Building
Foundation Other
Others
Energy Description None
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by E House Realty & Mgt. Inc.
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DiTommaso Real Estate
Broker