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Property Description

Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment. Property features include: • One commercial store on the ground floor • Five residential apartments (all rented) • Garage in the rear for additional income The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390. This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth. Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Full
Sewer:
Other
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Use GPS
Property and Construction
Development Status:
Stucco
Agent MlsId:
202175
Office MlsId:
RMXE01
Special Listing Conditions:
No
Tax Annual Amount:
$9,688
Water Source:
Other
PhotosCount:
8

Commercial Sale For Sale

3324 Tilden Avenue, New York, NY

1,869 Acre
$1,750,000
Listing ID #925970
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
925970
Price :
$1,750,000
Bathrooms Total :
0
Building Area :
3,000 Sqft
Lot Area :
1,869 Acre
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
RE/MAX Edge
Listing Agent :
Faig Mikayilov
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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