![[Bay Ridge Real Estate, listing number 3351223]](https://www.vlshomes.com/images/full/3351223a.jpg)
| Description: 3351223 | |
| Well maintained mixed-use building (3,135 square feet) in prime Bay Ridge, featuring Two 3-bedroom Apartments and One Retail space. Fully occupied, Tenant Lease Expiration Dates are as follows: 2nd FL Apt 05/31/27; 3rd FL Apt 05/31/28; Ground Floor Retail 12/31/26. This Investment Opportunity offers some flexibility with High Upside Potential. Projected rents are: Retail 5,500/month, 2nd FL Apt $3,200/month, 3rd FL apt $3,100 bring total projected annual income to $141,600, with low annual expenses of $28,307. Potential NOI is $113,293. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklynâ??s most sought-after neighborhoods. Sellers are motivated, present all offers! | |
Details: |
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| Families: | 2 | |
| Property Type: | Mixed Use | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,999,000 | |
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