COMMERCIAL
Address: ‎1742 Flatbush Avenue
Zip Code: 11210
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$950,000
ID # 497443
English
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Tiger Realty Office: ‍917-708-9966

$950,000 - 1742 Flatbush Avenue, Flatbush, New York 11210|ID # 497443

ID #‎ 497443
Construction Year1920
Taxes
(per year)
$3,189
BasementFull basement
Bus0 min: B41
4 min: BM1
5 min: B44
6 min: B103, BM2
7 min: B11, B9, BM4, Q35
8 min: B44+
9 min: B6, B7, B82
Subway9 min: 2, 5
LIRR3.5 miles: "Nostrand Avenue"
3.9 miles: "East New York"
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房屋英文概況 English Description

Welcome to this well-positioned mixed-use investment property in the Flatlands. This attached building, situated on an 18 x 72 foot lot with building size of 18 x 55 foot footprint, is perfectly configured with a grocery store occupying the first floor and basement, and a two-bedroom apartment on the second floor. The commercial space provides stable income with a current monthly rent of $3,100 and one year remaining on its lease, while the residential unit offers flexibility and upside with a month-to-month tenancy at $1,700 per month. Zoned R5 with a C2-2 overlay, the property is ideally permitted for its current use. Its excellent location is highlighted by being just two blocks from Kings Highway. With annual gross income of $57,600 and a low annual tax bill of only $3,189, this asset represents a strong cash-flowing opportunity.

Courtesy of Tiger Realty

公司: ‍917-708-9966




$950,000
COMMERCIAL
ID # 497443
‎1742 Flatbush Avenue
Brooklyn, New York 11210


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