| ID # | 504515 |
| Construction Year | 1928 |
| Taxes (per year) | $7,448 |
| Fuel Type | Gas |
| Heat type | Hot water |
| Basement | Full basement |
| Bus | 0 min: B64, B70 |
| 3 min: B16 | |
| 6 min: B4 | |
| 8 min: B63 | |
| 9 min: B9 | |
| Subway | 8 min: N |
| LIRR | 4.2 miles: "Atlantic Terminal" |
| 4.8 miles: "Nostrand Avenue" | |
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Excellent Investment Opportunity on Prime 8th Avenue! This attached mixed-use 1-family property offers stable cash flow and long-term leases, making it an attractive investment opportunity. The property features a 20' × 50' building on a 20' × 60' lot with annual property taxes of $7,448. The 1st floor and finished basement are currently leased to an established hair salon at $2,300/month, with the lease secured through 2029. The commercial tenant is responsible for its own utilities, including water, electricity, gas, and heating, and also pays 30% of the property taxes. The 2nd-floor residential apartment features 3 bedrooms and 1 full bathroom and is occupied by a tenant paying $1,800/month, with a lease secured through 2030. The second-floor tenant is responsible for gas and electric expenses. The property currently generates $4,100/month, or $49,200 in annual gross rental income, with long-term leases providing excellent income stability and reduced vacancy risk. A compelling opportunity for investors seeking dependable rental income and long-term occupancy in a prime 8th Avenue location.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Brooklyn New York Multiple Listing Service. All rights reserved.







