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Multi Family - for Sale

4722 AVE D, BROOKLYN, NY 11203

Asking Price$1,149,000

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  • Living 2830sqft
  • Lot size 2000sqft
  • Year Built 1931
  • Days on market:

    96 day(s)
  • Original Price:

    $1,150,000
  • Price per sqft:

    $406.01
  • Property Type:

    Multi Family
  • Total Families:

    3
  • Loading docks:

    Drive-In
  • Borough:

    Brooklyn
  • Crossing Street:

    Avenue D
  • Electric Service:

    110 V
  • Construction Type:

    Brick
  • Yard:

    Other
  • Roof:

    Flat
  • Foundation:

    Poured Concrete
  • Heat Delivery:

    Steam/Radiator
  • Loading docks:

    Drive-In
  • Basement Amenities:

    Finished

Description

$1,149,000 • living size area 2830 sqft

The mixed-use corner building is a great investment opportunity. the building is fully occupied and boasts a great mix of income streams. on the second floor, there are three apartments which are all currently leased out. the ground floor is occupied by a store with a basement, which is also currently leased out. additionally, there are three parking garage spaces available for tenants or customers. the lot size for the building is 20x100, which offers a good amount of space for tenants and customers. the building has a cap rate of 7%, which is a good return on investment. however, there is also potential for the cap rate to grow, which makes this an even more attractive investment opportunity. overall, the mixed-use corner building is a fully occupied investment opportunity that offers multiple income streams. with its great location and potential for growth, this property could be an excellent investment for the right buyer.

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