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$ 1,999,000
Est. payment /mo
Price Dropped by $190K
6801 New Utrecht AVE Brooklyn, NY 11219
5,280 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $378
MLS Listing ID 486545
Year Built 1931
Annual Tax Amount $12,068
Lot Dimensions 22.25x84
Property Sub-Type Mixed Use
Property Description
It is my honor Introducing this amazing One store and Five family mix- use property, located at Bensonhurst District. This corner property offers a prime investment opportunity, with a building size of 22x80 and a lot size of 22.25x83.33 feet. The property is currently free market and features a commercial space (One Store) along with five well-maintained all two-bedroom apartments. This property generates an impressive maximum monthly, while benefiting from low annual property taxes. Additional yearly costs include for water, for insurance, and for heating, making it an attractive option for investors seeking efficient management. The building is equipped with a newly updated heating system and hot water and features a well-maintained brick exterior with updated windows and roof. The basement, accessible via a separate entrance, offers additional storage space, enhancing the building's functionality. The property enjoys a phenomenal cap rate of around 5.5% income potential. Located near convenient transportation options, including the D-Line, it is close JHS 227 & Ps 176, New Utrecht High School, as well as the popular 18th Avenue shopping area. Whether you're looking for a steady investment or a space to live while earning additional income, this well-maintained property represents a remarkable opportunity in a highly desirable location.
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Zoning R5
Rooms
Basement Full, Semi-Finished
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Rubber
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge