Bestreich Realty Group (BRG) has been exclusively retained to sell this fully renovated mixed use property located in the Crown Heights section of Brooklyn. The property is built 20 ft x 55 ft offering approximately 3,300 square feet. It sits on a 20 ft x 100 ft lot and is zoned R6. The property features 2 large floor-through three-bedroom, 1.5 bathroom units over 1 retail. The building has been recently gut renovated and features in-unit laundry and split units. The retail space is leased and its lease expires in 2028. In addition, the property features approximately 1,420 buildable square feet of air rights.
The property is located within walking distance to the 2, 4 and 5 subway lines, and is in proximity to the A and C lines. It is nearby retail and benefits from its proximity to a variety of restaurants, stores, and neighborhood amenities. Crown Heights has become a sought after real estate market for both retail and residential focused investors. As demand for residential units drive rents higher, this property offers an investor the opportunity to acquire a renovated building with strong in-place income.
Call: (718) 360-8801