Commercial, 2849 Cropsey Avenue #, Gravesend - Real Estate New York

Description

A rare mixed-use three-unit property offering both residential comfort and strong investment potential. The building features two spacious three-bedroom apartments above a commercial unit. The second-floor apartment is currently vacant with a projected rent of $3,000/month (heat and hot water included; tenant pays cooking gas and electric). This unit offers 3 bedrooms, 2 full bathrooms, a private balcony, and in-unit laundry. The third-floor apartment is occupied on a month-to-month basis at $2,400/month. The tenant is willing to vacate or remain at a higher rent, providing flexibility for either end users or investors. This unit mirrors the second floor with 3 bedrooms, 2 bathrooms, balcony, and laundry. The ground-floor commercial space, with a Certificate of Occupancy for Ambulatory Diagnostic or Treatment Health Care Facility, is currently leased to a dental crown manufacturer through 2028, with an option to renew. Rent is $2,590/month, and the tenant also uses the basement for additional storage. The business does not rely on foot traffic, and the owner is open to selling the business along with the lease. Conveniently located near the D, N, and F subway lines as well as the B82 and B6 bus routes, this property combines stable rental income with upside potential. With strong cash flow, multiple options for delivery vacant, and a versatile commercial CO, it represents a unique opportunity for investors and end users alike.

Listing courtesy of RE Max Edge Group ...
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