Prime location Gravesend - Bensonherst
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INVESTMENT OPPORTUNITY: Mixed-Use Property in Prime Brooklyn Location
This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential.
PROPERTY SPECIFICATIONS:
• Building Type: Semi-attached brick construction
• Configuration: Mixed-use with residential and retail components
• Total Units: Four income-generating spaces
• Basement: Semi-finished with expansion potential
RESIDENTIAL COMPONENT:
• Two well-appointed 2-bedroom apartments on second floor
• Large balcony feature enhancing tenant appeal
• Fully renovated living spaces with modern finishes
• Combined monthly rental income: $6,000
COMMERCIAL COMPONENT:
• Two ground-floor retail spaces
• Store 1: $3,000 monthly rent
• Store 2: $3,500 monthly rent
• Street-level visibility in high-traffic corridor
RECENT IMPROVEMENTS:
• Complete renovation from foundation to roof
• Updated electrical and plumbing systems throughout
• Modern LED lighting installation
• New windows and doors
• Contemporary appliances
• Basement infrastructure upgrades including new boiler and water heater
• Roof replacement
FINANCIAL PERFORMANCE:
• Gross Monthly Income: $12,500
• Diversified revenue streams across residential and commercial tenants
• Established rental rates reflecting current market conditions
• Strong cash flow generation from fully occupied property
LOCATION ADVANTAGES:
• Prime Brooklyn location with excellent transportation access
• Established neighborhood with strong rental demand
• Mixed-use zoning supporting diverse tenant base
• Proximity to shopping, dining, and community amenities
This turnkey investment property offers immediate income generation with minimal capital expenditure requirements due to comprehensive recent renovations. The property's location in a stable Brooklyn neighborhood, combined with its diverse income streams and modern infrastructure, positions it as an attractive addition to any real estate investment portfolio.
This fully renovated mixed-use brick building presents an exceptional investment opportunity in the desirable Gravesend-Bensonhurst area of Brooklyn. The property features a strategic combination of residential and commercial spaces designed to maximize rental income potential.
PROPERTY SPECIFICATIONS:
• Building Type: Semi-attached brick construction
• Configuration: Mixed-use with residential and retail components
• Total Units: Four income-generating spaces
• Basement: Semi-finished with expansion potential
RESIDENTIAL COMPONENT:
• Two well-appointed 2-bedroom apartments on second floor
• Large balcony feature enhancing tenant appeal
• Fully renovated living spaces with modern finishes
• Combined monthly rental income: $6,000
COMMERCIAL COMPONENT:
• Two ground-floor retail spaces
• Store 1: $3,000 monthly rent
• Store 2: $3,500 monthly rent
• Street-level visibility in high-traffic corridor
RECENT IMPROVEMENTS:
• Complete renovation from foundation to roof
• Updated electrical and plumbing systems throughout
• Modern LED lighting installation
• New windows and doors
• Contemporary appliances
• Basement infrastructure upgrades including new boiler and water heater
• Roof replacement
FINANCIAL PERFORMANCE:
• Gross Monthly Income: $12,500
• Diversified revenue streams across residential and commercial tenants
• Established rental rates reflecting current market conditions
• Strong cash flow generation from fully occupied property
LOCATION ADVANTAGES:
• Prime Brooklyn location with excellent transportation access
• Established neighborhood with strong rental demand
• Mixed-use zoning supporting diverse tenant base
• Proximity to shopping, dining, and community amenities
This turnkey investment property offers immediate income generation with minimal capital expenditure requirements due to comprehensive recent renovations. The property's location in a stable Brooklyn neighborhood, combined with its diverse income streams and modern infrastructure, positions it as an attractive addition to any real estate investment portfolio.
About the Property
- Type
- Building Status
- Established
- Facilities & Assets
- Mixed use brick building for sale. Two 2 bedroom apartments on the 2nd floor and 2 stores on the 1st floor, semi-finished basement. The house is brick, semi-attached fully renovated top to bottom with high rents, large balcony off the bedroom on the 2nd floor. The roof is updated. The plumbing, electric, walls, floors, high hat lights are fully updated. There are updated appliances, updated windows and doors, the basement has updated boiler and water heater. The building has very good income of over $12,500K per month. $150,000 year.
- Current Property Expenses
- Taxes: $23,940
- Location Description
- Gravesend Bensonherst
- Current & Prior Use
- Apartments and offices.
About the Lease
- Rent
- $12,500.00 per month
- Lease Is NNN
- No
- Lease Terms
- 1 year
Listing Info
- ID
- 2443229
- Listing Views
- 21
Business Location
Listing ID: 2443229 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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