355 New Lots Avenue, East New York, NY, 11207 Brooklyn NY US

USD 2,098,000
For Sale MLS: 11092292

Property Details

Bedrooms

2

Bathrooms

5

Neighborhood

East New York

Property Type

MultiFamily

Description

Great Lucrative Investment Opportunity! This Mixed-Use solid brick building features four residential apartments on second and third floor. Front side one bedroom and rear side two bedroom on each floor. A well established laundromat business on the first floor, located in the dynamic and commercial hub of Brooklyn. A great income generating laundromat business on the 1st floor and rental income of 4 residential Apartments on 2nd & 3rd floor comprise of Gross Revenue: $424,800 Operating Expenses $203,839 Net Operating Income $220,961. Producing 10.53% Return On Investment on asking price. Find out more about this property. Request details here

Location

Address

355 New Lots Avenue, Brooklyn, New York 11207, United States

City

New York

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