$1,049,000182 Avenue S Gravesend, New York, 11223

LISTED BY

Pullini Realty Corp.

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Primary Features

  • Property Type: Mixed Use
  • Property Subtype: Mixed Use
  • Building Size: 1040 sqft.
  • Lot Size: 2000 sqft.
  • Year Built: 1931

Other Features

  • Flooring: Hardwood
  • Foundation Details: Poured Concrete
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • Parking Attributes: None
  • Roof: Flat
  • Electric: 110 V

Location

  • Neighborhood: Gravesend
  • City: Gravesend
  • State: New York
  • Zip: 11223
  • Zoning: R5B

Pricing & Sale Info

  • Price: $1,049,000
  • Tax Amount: $4,914
  • MLS#: 453392
  • Updated: Jun 01, 2022

About This Property

In the exclusive Gravesend section of Brooklyn this Mixed Use building offers 2 spacious apartments, and a ground level store with access to a full basement. The store is currently occupied by a car service business, while the basement runs the full length of the building and is perfect for storage. There is access to the basement from the 1st floor hallway and from the front of the building. The 1st floor apartment located behind the store offers a kitchen, a full bathroom, 2 spacious bedrooms, a large living room, and access to the backyard. The top floor apartment is super spacious offering 3-4 bedrooms, a large living room, a kitchen, a full bathroom, and access to a covered rear terrace. Owner would like to sell building with all the tenants. Potential Cap Rate of 4.5% with increases to market rent on residential units. Great investment property. Owner ready to hear all offers.