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$ 2,580,000
Est. payment | /mo
2,400 SqFt
$ 2,580,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,075
MLS Listing ID 504585
Year Built 1931
Annual Tax Amount $19,214
Property Sub-Type Mixed Use
Property Description
DELIVERY VACANT AT THE CLOSING.
Prime Sunset Park Corner Mixed-Use Building — R6 Zoning | Development Potential
Rare opportunity to own a solid 3-family + 1-store commercial brick building in a highly desirable Sunset Park location.
Building Size: 20' x 60'
Lot Size: 20' x 80'
R6 Zoning — potential to add 2 additional floors, subject to DOB approval and applicable zoning regulations?
Convenient corner exposure with excellent visibility
Separate electric, gas, heating systems, and hot water systems?
Property delivered vacant / clear title?
Ground-Floor Store: Bakery — currently paying $5,000/month; reported annual business sales exceeding $400,000
1st Floor Rear: 3 Bedrooms / 1 Living Room — $3,100/month
2nd Floor Front: 4 Bedrooms / 1 Living Room — $2,800/month
2nd Floor Rear: 4 Bedrooms / 1 Living Room — $3,100/month
Current Gross Annual Income: $168,000?
Annual Property Tax: Approximately $19,214
With a strong existing income stream, separate utilities, prime corner exposure, and R6 zoning with potential for additional development, this property offers multiple possibilities for investors, owner-users, and developers.
A unique opportunity in Sunset Park — excellent location, strong income, and future development potential.
Prime Sunset Park Corner Mixed-Use Building — R6 Zoning | Development Potential
Rare opportunity to own a solid 3-family + 1-store commercial brick building in a highly desirable Sunset Park location.
Building Size: 20' x 60'
Lot Size: 20' x 80'
R6 Zoning — potential to add 2 additional floors, subject to DOB approval and applicable zoning regulations?
Convenient corner exposure with excellent visibility
Separate electric, gas, heating systems, and hot water systems?
Property delivered vacant / clear title?
Ground-Floor Store: Bakery — currently paying $5,000/month; reported annual business sales exceeding $400,000
1st Floor Rear: 3 Bedrooms / 1 Living Room — $3,100/month
2nd Floor Front: 4 Bedrooms / 1 Living Room — $2,800/month
2nd Floor Rear: 4 Bedrooms / 1 Living Room — $3,100/month
Current Gross Annual Income: $168,000?
Annual Property Tax: Approximately $19,214
With a strong existing income stream, separate utilities, prime corner exposure, and R6 zoning with potential for additional development, this property offers multiple possibilities for investors, owner-users, and developers.
A unique opportunity in Sunset Park — excellent location, strong income, and future development potential.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6
Rooms
Basement Finished
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Marble, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by E House Realty & Mgt. Inc
Nearby Locations
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Carey Yang
Broker-Owner Lic# 10491202683