Description
Introducing a mixed use corner building in Gravesend. It's a three stores with two family, R7A and C2-3 zoning. Store #2 is currently vacant. Store # 1 & 3 have 2 years lease remaining. The second floor features two residential unit which are two bedrooms each with no lease. The basement had been renovated recently & it has a separate entrance which used to be a storage. Private driveway with a detached one car garage. Gross total income is $130,632 and nets $92,268. The nice building generates about 5.3% cap rate. It is located at a very busy spot of Kings Highway, close to everything. Cant miss this great potential money maker.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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2,880SQFT
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$608$/SQFT
School Ratings & Info
Description
Introducing a mixed use corner building in Gravesend. It's a three stores with two family, R7A and C2-3 zoning. Store #2 is currently vacant. Store # 1 & 3 have 2 years lease remaining. The second floor features two residential unit which are two bedrooms each with no lease. The basement had been renovated recently & it has a separate entrance which used to be a storage. Private driveway with a detached one car garage. Gross total income is $130,632 and nets $92,268. The nice building generates about 5.3% cap rate. It is located at a very busy spot of Kings Highway, close to everything. Cant miss this great potential money maker.
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