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!
Active
Price cut: $200K (9/2)
$2,800,000
1728 Mermaid Ave, Brooklyn, NY 11224
12beds
6,560sqft
Building
Built in 1930
-- sqft lot
$-- Zestimate®
$427/sqft
$-- HOA
What's special
- 129 days |
- 140 |
- 6 |
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