5911 4, Brooklyn

$3,280,000

0 Beds
0 Baths
6,344 Sqft
0 Acres
0 Garages

INCREDIBLE INVESTMENT OPPORTUNITY! Mixed Use building located on a main street in Sunset Park has 2 stores + 6 Family. The 26 x 61 building sits on a 26 x 80 Lot. Zoned R7A. All 6 apartments have 3 bedrooms with full windows. Both the steady businesses have 5-8 year leases and all 6 apartments are fully occupied. The 1st floor is restaurant rent is $3200/month on a 5 year lease with a 4% annual increase. The 2nd store is a Car Service business generates $3,000 monthly rental income on an 8 year lease with an increase of $100 per year. The gross Annual Income is $188,400 with gross expenses at $42,561 and Net income at $145,839. Convenient to transportation. Well maintained property with a steady and healthy income. Fantastic investment!

Essential Information
MLS® #432522
Price$3,280,000
Bathrooms0.00
Square Footage6,344
Year Built1931
TypeMixed Use / Store & Family
Sub-TypeMixed Use
StatusActive
Community Information
Address5911 4
AreaSunset Park
CityBrooklyn
CountyKings (Brooklyn)
StateNew York
Zip Code11220
Interior
InteriorHardwood, Tile
Interior FeaturesOther
HeatingHot Water
Has BasementYes
BasementFinished
# of Stories4
Exterior
ExteriorBrick
Exterior FeaturesOther
RoofFlat, Shingle
ConstructionBrick
FoundationSlab Concrete
Additional Information
Date ListedAugust 14th, 2019
Days on Market33
ZoningR7A
Property History
Price Reduced from $3,390,000 to $3,280,000
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Listing courtesy of Realty Executives Metro

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: November 13th, 2019 at 2:45am EST

Listing courtesy of Realty Executives Metro

© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: November 13th, 2019 at 2:45am EST

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