Description

There’s a fantastic mixed-use building in the heart of Sunset Park that you definitely need to check out! This building is perfectly situated on a busy avenue and consists of three floors plus a basement. The ground-floor store, currently rented out at $4250/ monthly, it has a lease that will expire next year. This could be a great chance to renegotiate or start your own business in this prime location. The second floor features a spacious three-bedroom apartment, which can be closed off for privacy or rented out for additional income. The top floor is currently empty, offering even more potential for rental income or personal use. One of the best parts? The property tax is surprisingly low, and the annual insurance cost is about $3,500. Plus, the water bill is only $1,600 a year, making this property even more financially attractive. Location-wise, you couldn’t ask for better. It’s within a short distance to the vibrant 8th Avenue Chinatown and close to schools, making it a perfect spot for families and businesses alike. The area is always bustling, providing great foot traffic for any commercial endeavor. Whether you’re looking to open a new store, rent out the apartments, or both, this property offers incredible potential. What are you waiting for? You could be the proud owner of this prime piece of real estate and enjoy the additional rental income. Don’t miss out on this opportunity. Call today to learn more and schedule a viewing!

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Property information

Property type

Residential Income

Sub-type

Mixed Use

Living area

3,300 Sq Ft

Lot size

0.04 acres

Price / Sq Ft

$682

Days on market

854

Features

Appliances

Gas Water Heater

Heating

Steam · Natural Gas

Flooring

Hardwood · Tile · Stone

Parking

On Street

Foundation

Block

Roof

Rubber

Construction

Block · Brick · Stone

Basement

Full