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Listing Courtesy of RE Max Edge Group
$ 1,750,000
Est. payment /mo
Active
3324 Tilden Avenue Brooklyn, NY 11203
6 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $583
Subdivision East Flatbush
MLS Listing ID RLS20055387
Bedrooms 6
Full Baths 5
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $8,148
Property Sub-Type Mixed Use
Property Description
Excellent opportunity for investors to own a semi-attached corner mixed-use property located in the East Flatbush section of Brooklyn. The building is in good condition and fully occupied, offering a stable and high-income investment. Property features include: One commercial store on the ground floor Five residential apartments (all rented) Garage in the rear for additional income The property produces a gross annual income of $162,288 with gross expenses of $19,898, offering a net income of approximately $142,390. This results in a strong cap rate, making it an attractive investment for buyers seeking steady cash flow and long-term value growth. Located on a visible corner with excellent foot and vehicle traffic, close to public transportation, schools, and shopping.
Location
State NY
County Kings
Interior
Heating None
Cooling None
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Building None, None
Exterior
Parking Features Garage
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
New Construction No
Others
Tax ID 04918-0010
Ownership None
Monthly Total Fees $679
Pets Allowed Building No, No
RLS Data display by Elegran Real Estate
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