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$1,199,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Gravesnd
MLS Listing ID PDES-4396586
Year Built 1931
Annual Tax Amount $31
Property Sub-Type Commercial
Property Description
Welcome to 182 Avenue S in the Gravesend section of Brooklyn. This Mixed Use building offers 2 spacious apartments, and a ground level store with access to a full basement. The store is currently occupied by a car service business, while the basement runs the full length of the building and is perfect for storage. There is access to the basement from the 1st floor hallway and from the front of the building. The 1st floor apartment located behind the store offers a kitchen, a full bathroom, 2 spacious bedrooms, a large living room, and access to the backyard. The top floor apartment is super spacious offering 3-4 bedrooms, a large living room, a kitchen, a full bathroom, and access to a covered rear terrace. Both apartments have long term tenants who are paying below market value rent. Potential Cap Rate of 4.5% with increases to market rent on residential units. Landlord responsible for water, heat, and hallway lighting. Owner ready to hear offers
Location
State NY
County Brooklyn
Community Gravesnd
Rooms
Other Rooms LegalRoomsTotal: 10.00
Interior
Heating Gas
Cooling None
Exterior
Garage No
Building
Story 2
Structure Type Walk-up
Others
Pets Allowed No pets
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Listed by Elliman
Nearby School & Business
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Kelli Griggs
Broker Associate License ID: 01902861
Broker Associate License ID: 01902861