7507 New Utrecht Ave #1, Brooklyn, NY 11214

If you're looking for a truly excellent investment opportunity with lot of potentials look no further than 7507 New Utrecht Ave. Delivered completely vacant at closing this building has a foot print of 20x70 and sits on a lot of 20x100. The commercial space is 1400SF. There is also a basement that stretches length and width of the building that can be coupled with the commercial space for added rental income. Two apartments on the second floor. The front is a two bed, one bath; the rare is a one bed, one bath. All units are metered separately. The zoning is great at R4/C1-2, the FAR is 2.75. This is an excellent deal, perfect for a 1031 exchange. The projected rent roll is upwards of $95,000 per year, the expenses are limited, and the possibilities are endless. A three unit mixed use building located in the Bensonhurst neighborhood of Brooklyn. The building consists of one 2 bedroom apartment, one 1 bedroom apartment and a 1,120 SF commercial unit. Located on New Utrecht Avenue near Bay Ridge Parkway where the average daily traffic count exceeds 25,000.