1901 Avenue M, Brooklyn, NY, 11230

USD 4,000,000
For Sale

Property Details

Bedrooms

8

Bathrooms

4

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Square Feet: 7000 • Lot/Size: 2,517 sqft lot

Description: Investment Opportunity: Prime Comer Mixed-Use Property 1901 Avenue M, Brooklyn, NY Available for the first time in 50 years, this prime corner property offers significant upside potential in a high-demand Brooklyn location near shopping and public transportation. Property Breakdown - Residential (4 Units): Two 3-bedroom and two 1-bedroom units. Current monthly rents: $1,750, $1,220, $1,980, and$1,400. - Commercial ( 4 Tenants): Includes a corner pharmacy anchor ($7, 100/mo ), alteration store ($1,525/mo), retail store ($420/mo), and a locksmith (provides building maintenance in lieu of rent). Financial Summary - Total Monthly Income: $15,395 - Total Annual Income: $184,740 - Annual Expenses

Location

Address

1901 Avenue M, Brooklyn, NY, 11230

City

Brooklyn

Features and Finishes

Year Built: 1931; [object Object]; [object Object]

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