1728 Mermaid AVE new

Brooklyn,NY 11224

$ 2999999

- Bed

0 Bath

6560 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,560 sqft

Price per Sqft $457

MLS Listing ID 2504150

Year Built 1930

Annual Tax Amount $16,780

Lot Size 2,000 Sqft

Property Sub-Type Commercial

Property Description

Mixed-Use Asset
The Property Features 6 Residential Apartments and 4 Ground-Floor Commercial Spaces, Offering Stable in Place Income Across both Asset Classes. Out of the 4 Commercial Spaces 2 are Currently Vacant. The Commercial Tenants provide an Additional Diversification to the Income Stream.
Out of the 6 Residential Units all 6 Units are Rented. (Each Unit 2 Bed/1 Bath). Allowing for Long-Term Income Stability along with Potential Rent Growth as Units Naturally Turn over. A Must See!

Location

State NY

County Kings

Area Coney Island

Zoning R7-A

Interior

Heating Steam,Natural Gas

Building

Story 4

Sewer City

Structure Type Brick

New Construction No

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