Description

Excеllent οрportunіty for іnvеѕtors to own a semi‐attаched 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.





Listing courtesy of RE Max Edge Group