Bensonhurst Corner BRICK 3 Story 4 Residential Apt & 3 Stores
Bensonhurst Corner BRICK 3 Story 4 Residential apartment & 3 Commercial Stores (Currently 4 Storefront) FOR SALE! Very well maintained! No violations!! Newly renovated apartments 5, 800 sq ft Building size 22.5 ft x 80 ft Lot size 22.5 ft x 100 ft R5B, C2-3 Zone! • Both 2 bedroom apartments can be converted to 3 bedrooms Seller will vacate owner-occupied apartment upon sale, can convert to 3-bedroom for buyer as condition of sale. • Full unfinished huge basement- currently laundry and storage. • Building has excellent tenants with 100% rent collection during pandemic • Contractor-occupied property for past 20 years, everything is in good condition. Brand new electric panels, brand new boiler, apartments 2R and 3R recently fully renovated, roof relatively young and in great condition, fire escape refinished and painted this summer • Residential rents include heat and water, tenant pays electric and stove. Commercial rents include heat only that is supplied to the rest of the building • Property is listed as 4 residential/3 stores, it's currently 4 residential/4 stores because one of the large stores was subdivided into two small ones. Buyer can easily remove a wall and return to original setup if desire Great Corner exposure with 25 frontage & 80 side exposure! High Cap Rate 7%-8% Over $ 100K net income!!! Across street from N train Bay Parkway train stop! High traffic commercial retail strip! Near all shopping, restaurant & much more! Will Not last!!!
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