Description
Rare-find oversized corner mixed-use investment property featuring 2 commercial stores and 5 residential apartments, none rent stabilized, ideally positioned at the intersection of Quentin Road and West 10th Street, where the Kings Highway and Quentin Road commercial corridors meet.The first floor features a long-established laundromat, a convenience store, and a rear 2-bedroom apartment. The second floor consists of one 3-bedroom and one 2-bedroom apartment, while the third floor offers two additional 2-bedroom apartments. Residential units feature separate living rooms and eat-in kitchens.The property generates approximately $170,000 in annual income with approximately $120,000 NOI, plus an estimated $40,000 in potential additional rental income.The building measures approximately 20' × 100' on the first floor and 20' × 90' on the second and third floors, totaling approximately 5,600 SF plus a full basement.Prime corner location with excellent visibility and exposure along the Kings Highway commercial corridor. C2-3/R7A zoning offers additional long-term development potential, subject to independent verification.An exceptional opportunity for investors seeking multiple income streams, strong existing cash flow, rental upside, and future development potential in a prime Brooklyn commercial location.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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5,600SQFT
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$464$/SQFT
School Ratings & Info
Description
Rare-find oversized corner mixed-use investment property featuring 2 commercial stores and 5 residential apartments, none rent stabilized, ideally positioned at the intersection of Quentin Road and West 10th Street, where the Kings Highway and Quentin Road commercial corridors meet.The first floor features a long-established laundromat, a convenience store, and a rear 2-bedroom apartment. The second floor consists of one 3-bedroom and one 2-bedroom apartment, while the third floor offers two additional 2-bedroom apartments. Residential units feature separate living rooms and eat-in kitchens.The property generates approximately $170,000 in annual income with approximately $120,000 NOI, plus an estimated $40,000 in potential additional rental income.The building measures approximately 20' × 100' on the first floor and 20' × 90' on the second and third floors, totaling approximately 5,600 SF plus a full basement.Prime corner location with excellent visibility and exposure along the Kings Highway commercial corridor. C2-3/R7A zoning offers additional long-term development potential, subject to independent verification.An exceptional opportunity for investors seeking multiple income streams, strong existing cash flow, rental upside, and future development potential in a prime Brooklyn commercial location.
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