Rare Investment Opportunity in Brighton Beach, Brooklyn. Mixed-use four story, 16 unit building located steps from Brighton Beach Avenue, a major retail corridor. Property consist of 15 residential rental units and one commercial retail unit. Self-managed income producing property with live-in superintendent and new building mechanics.
Building Sq. Ft: 12,160
Year Built: 1938
Gross Annual Income: $265,855
Total Annual Expenses: $89,320
Net Operating Income: $176,535
Price per Sq. Ft: $325
Capitalization Rate: 4.43%
12,160 Sq Ft
multi family
Built in 1938
MLS/Listing ID RLS10101289
16 Units
Style - Prewar
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