Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment. Property features include: • One commercial store on the ground floor • Five residential apartments (all rented) • Garage in the rear for additional income The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390. This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth. Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
Submitted for approval
$1,750,000
3324 Tilden Ave, Brooklyn, NY 11203
6beds
3,000sqft
Mixed Use
Built in 1931
-- sqft lot
$1,722,400 Zestimate®
$583/sqft
$-- HOA
What's special
- 11 hours |
- 15 |
- 0 |
- Loading