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Mixed Use with 4 Stores and 2 Family in Gravesend

156 Avenue U, Brooklyn, NY 11223, USA

For Sale

$2,150,000

Property Description

Mix-Use Corner Property 2 families and 4 stores with a Parking garage, in a highly desirable Gravesend neighborhood. This rare INVESTMENT property produces over $100,000 net income, has 5% Cap Rate and has appreciated more than 5% per year. The property is 20x70 building size (approx. Residential sqft 1,365, Commercial Sqft 2,100) on a 19.5x115 Lot (approx. 2,243 sqft), and the Ground Floor is fully built 20x100. The first floor features 4 Stores currently rented as Deli, Barber Shop, and medical supply. The second floor features two apartments are Two Bedroom Apt. Full semi-Finished Basement.***15 feet car garage and one parking space*** Built in 1931. Zoning R5. Property tax $18,633. This highly sought-after location features a minute's walk to the N train station and B1 Bus on 86th St; It is close to PS 95 The Gravesend School, Scarangella Park, Lafayette Playground, and K572 Leaders High School; and many restaurants, supermarkets, shops, and much more.


Contact Agent

Shaojie (Jayden) Liang

646-407-6668

Property Details

Property Type

Mixed Use

Bedrooms

4

Bathrooms

1

Building Size

20 x 100

Lot Size

20 x 115

Year Built

1931

Property Location

156 Avenue U, Brooklyn, NY 11223, USA

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