Property Description

Excellent investment opportunity! This mixed-use property is ideally located on busy Fulton Street in the heart of East New York, Brooklyn, a thriving commercial and residential area with heavy foot and vehicle traffic. The building features one ground-floor retail store and two residential apartments above, generating a combined monthly rental income of $5,850 ($70,200 annually). The store rents for $3,200 per month, the second-floor apartment for $850 per month, and the third-floor apartment for $1,800 per month. The total building size is approximately 3,231 sq. ft., and the property is zoned R5 / C1-2, offering flexibility and potential for future use or development. Conveniently surrounded by a variety of shops, restaurants, and public transportation, this property presents an excellent opportunity for investors seeking income and long-term potential. Call for additional details regarding expenses.

Property Features

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