$1,500,0006806 18 AvenueBrooklyn, New York, 11204
This listing is no longer available.
- Property Type: Mixed Use
- Property Subtype: Mixed Use
- Building Size: 900 sqft.
- Lot Size: 1750 sqft.
- Year Built: 1931
- Flooring: Carpeting, Hardwood
- Foundation Details: Poured Concrete
- Heat Delivery: Hot Water, Steam/Radiator
- Heating Fuel: Gas
- Parking Attributes: None
- Roof: Asphalt/Tar, Flat
- Electric: Circuit Breakers, Other
- Neighborhood: Bensonhurst
- City: Brooklyn
- State: New York
- Zip: 11204
- Zoning: R5
Pricing & Sale Info
- Price: $1,500,000
- Tax Amount: $8,000
- MLS#: 433249
- Updated: Jul 29, 2020
About This PropertyCapitalize on this Single Family / Mixed Use property that is centrally located in the heart of busy 18th Avenue.
This building consists of a 3 Bedroom, 1 Bathroom apartment on the second floor that spans approximately 1,700 Sq.Ft., with a backyard roof top patio, which could be potentially be rented out for $2,100 monthly.
The 1st floor retail space is currently vacant and mirrors the same square footage of the apartment above at 1,700 Sq.Ft. consisting of access to the basement, which is an additional 900 Sq.Ft. In total, 2,600 Sq.Ft. of retail space, which could be potentially rented out from $5,000 - $6,000 monthly. Rent Roll (ideally) is potentially $97,200 Annually Gross, $82,400 NOI, 3.7% Cap. Rate.
This would make a nice addition to your real estate investor portfolio.