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$2,999,000
Est. payment /mo
5,100 SqFt
Active
7401 18th AVE Brooklyn, NY 11204
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Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $588
MLS Listing ID 504379
Year Built 1931
Annual Tax Amount $39,059
Property Sub-Type Mixed Use
Property Description
Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Zoning R5
Rooms
Basement Full, Separate Entrance
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
Nearby Locations
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