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$ 1,700,000
Est. payment | /mo
1,799 Sqft Lot
$ 1,700,000
Est. payment | /mo
1,799 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 884727
Rental Info No
Year Built 1931
Annual Tax Amount $26,422
Lot Size 1,799 Sqft
Acres 0.0413
Property Sub-Type Mixed Use
Source onekey2
Property Description
Turn Key - Brighton Beach 5 Unit Mixed-Use Property Available Now.
Here's a rare opportunity to acquire a well-positioned three-story mixed-use building in the heart of Brighton Beach, Brooklyn. Located just a short distance from Brighton Beach Ave this building is a total of 4,560 sq ft, a 20' by 76' building sitting on a 20' by 90' lot. The property includes 5 residential apartment units, each featuring the same one-bedroom layout, along with one ground-floor commercial space offering street visibility. Four out of five apartments are rented and are each paying $1,900 a piece. The tenants are great and have been there for a long time so the current owner has given them a bit of a discount. No one is currently on leases. The commercial space is currently being rented by a shipping company for $2,100 per month. Again, they've been there for a while and have been great tenants so the rent could be raised.
The large unit sizes, solid layout, and flexible configuration provide room for long-term value creation. The commercial space can support a range of uses, depending on the new owner's vision and updates.
This is a strong option for any party looking to acquire and improve a classic Brooklyn asset in a well-connected and good location. With increasing demand throughout Brighton Beach and continued neighborhood growth, this property offers the scale, location, and layout to deliver reliable performance over time. Property is being sold as-is.
Here's a rare opportunity to acquire a well-positioned three-story mixed-use building in the heart of Brighton Beach, Brooklyn. Located just a short distance from Brighton Beach Ave this building is a total of 4,560 sq ft, a 20' by 76' building sitting on a 20' by 90' lot. The property includes 5 residential apartment units, each featuring the same one-bedroom layout, along with one ground-floor commercial space offering street visibility. Four out of five apartments are rented and are each paying $1,900 a piece. The tenants are great and have been there for a long time so the current owner has given them a bit of a discount. No one is currently on leases. The commercial space is currently being rented by a shipping company for $2,100 per month. Again, they've been there for a while and have been great tenants so the rent could be raised.
The large unit sizes, solid layout, and flexible configuration provide room for long-term value creation. The commercial space can support a range of uses, depending on the new owner's vision and updates.
This is a strong option for any party looking to acquire and improve a classic Brooklyn asset in a well-connected and good location. With increasing demand throughout Brighton Beach and continued neighborhood growth, this property offers the scale, location, and layout to deliver reliable performance over time. Property is being sold as-is.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating None
Cooling None
Fireplace No
Exterior
Utilities Available Sewer Available
Building
Sewer Other
Water Other
Structure Type Brick
Others
Special Listing Condition None
Listed by Coldwell Banker Reliable R E • Christopher F. Bowser
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